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PCBS | PCBS: The Palestinian Producer Price Index, January, 01/2019

Slight Decrease in the Producer Price[1] Index (PPI) during January,01/2019


The overall Producer Price Index (PPI) for  Palestine with its base year (2018 = 100) reached 100.07 in January 2019, as it slightly  decreased by 0.03% compared to December 2018.


PPI for local exported products

Producer Price Index for local exported products (2018 = 100) reached 100.51 in January 2019, which indicates a decrease of 0.17% compared to December 2018.


PPI for locally consumed products
Producer Price Index for locally consumed products (2018 = 100) reached 100.02 in January 2019, which indicates a slight decrease of 0.01% compared to December 2018.


The changes of PPI for January 2019 were traced back to changes in prices of the following major activities compared to the previous month:

­­­­­­­Major Activities

% Change

Electricity, gas, steam and air conditioning supply

   - 1.23%

Agriculture, forestry and fishing goods

 - 0.23%

Water supply; sewerage, waste management and remediation activities

 - 0.23%

Mining and quarrying

   -  0.14%

Manufacturing

+ 0.33%

















Notice:
•    The base year of Producer Price Index has been updated to be 2018.
•    The PPI for 12/2018 was re-calculated using the new methodology for monthly comparison purposes.

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