Remarkable decrease in fuel prices with a stability in the Consumer Price Index (CPI) during January,01/2019
The overall CPI for Palestine during January 2019 slightly increased by 0.01% compared with December 2018 (by 0.15% in Gaza Strip, and with a slight increase by 0.01% in the West Bank**, while it decreased by 0.19% in Jerusalem J1*).
The changes in Palestinian CPI for January 2019 is traced back to changes in prices of the following expenditure sub groups compared with previous month:
Sub Groups |
Percent Change |
Fresh Vegetables |
+ 6.06% |
Fresh Chicken |
+ 5.02% |
Fresh Fruit |
+ 1.10% |
Potatoes and other Tubers |
- 11.21% |
Liquid Fuel for Car "Diesel" |
- 8.70% |
Liquid Fuel for House |
- 8.08% |
Dried Vegetables |
- 7.81% |
Liquid Fuel for Car "Petrol" |
- 4.13% |
The Palestinian CPI during January 2019 increased by 0.45% compared with January 2018 (by 1.11% in the West Bank**, and by 0.40% in Jerusalem J1*, while it decreased by 0.74% in Gaza Strip).
Notice:
• The base year of Consumer Price Index has been updated to be 2018.
• Reliance on the new version of the Classification of Individual Consumption according to Purpose COICOP – 2018 issued by the United Nation division (UN), to classify major groups, commodities' and services consumed.
• The CPI for 12/2018 was re-calculated using the new methodology for monthly comparison purposes.
Notes:
*Data represent those parts of Jerusalem which were annexed by Israeli Occupation in 1967.
**Data exclude those parts of Jerusalem which were annexed by Israeli Occupation in 1967.
Notice:
• The base year of Consumer Price Index has been updated to be 2018.
• Reliance on the new version of the Classification of Individual Consumption according to Purpose COICOP – 2018 issued by the United Nation division (UN), to classify major groups, commodities' and services consumed.
• The CPI for 12/2018 was re-calculated using the new methodology for monthly comparison purposes.
Notes:
*Data represent those parts of Jerusalem which were annexed by Israeli Occupation in 1967.
**Data exclude those parts of Jerusalem which were annexed by Israeli Occupation in 1967.