The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 125.47 in 2018, which indicates an increase by 1.05% compared with 2017.
Prices of WPI for 2018 increased due to the increase in the prices of Fishing goods by 7.79%, Agriculture goods by 5.14%, while the prices of goods in Mining and quarrying group decreased by 2.46%, and Manufacturing group by 0.75%.
The prices of local products increased by 1.39%, and the prices of imported products increased by 0.20% compared with the previous year.
The table shows yearly percent changes in WPI by source of goods in Palestine
for the years 2007 – 2018:
Year |
Percent Change |
||
Local |
Import |
Total |
|
2007 |
+ 2.96 |
+ 3.21 |
+ 3.08 |
2008 |
+ 9.36 |
+ 12.01 |
+ 10.71 |
2009 |
+ 1.82 |
- 2.23 |
- 0.67 |
2010 |
+ 4.91 |
+ 2.92 |
+ 3.70 |
2011 |
+ 3.08 |
+ 4.70 |
+ 3.76 |
2012 |
- 1.08 |
+ 2.19 |
+ 0.93 |
2013 |
- 0.39 |
+ 0.79 |
+ 0.78 |
2014 |
+ 0.84 |
+ 2.52 |
+ 1.48 |
2015 |
+ 4.26 |
- 2.55 |
+ 1.21 |
2016 |
+ 2.67 |
+ 0.70 |
+ 1.62 |
2017 |
- 1.58 |
+ 0.21 |
- 1.17 |
2018 |
+1.39 |
+0.20 |
+1.05 |
Cum. |
+ 31.58 |
+ 26.71 |
+ 29.34 |
The overall WPI in Palestine with its base year (2007 = 100) reached 127.05 in the Fourth quarter 2018, which indicates an increase by 0.49% compared with the Third quarter 2018.
WPI for local products (2007 = 100) reached 131.15 in the Fourth quarter 2018, which indicates an increase by 2.24% compared with the Third quarter 2018.
WPI for imported products (2007 = 100) reached 122.80 in the Fourth quarter 2018, which indicates a decrease by 0.54% compared with the Third quarter 2018.
The table shows the relative share and the quarterly percent changes in WPI by major activities in Palestine for the period: First quarter – Fourth quarter 2018
Major Activities |
Relative Share % |
Quarterly Percent Change |
|||
2018 |
|||||
Q1 |
Q2 |
Q3 |
Q4 |
||
Agriculture |
29.0 |
-3.80 |
+9.93 |
+0.34 |
+1.26 |
Fishing |
0.10 |
+9.43 |
-4.77 |
+4.28 |
-3.02 |
Mining and quarrying |
0.90 |
-1.78 |
-1.16 |
-2.95 |
+3.60 |
Manufacturing |
70.0 |
-0.37 |
-0.38 |
+0.53 |
+0.08 |
All Items Price Index |
100 |
-1.44 |
+2.73 |
+0.45 |
+0.49 |