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PCBS | The Wholesale Price Index, during Fourth Quarter of 2019 & during 2019

Palestinian Wholesale Price Index During the Fourth Quarter of 2019 & During 2019

Increase in the Wholesale Price  Index (WPI) During 2019


The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 125.61 in 2019, which indicates an increase by 0.11% compared with 2018.

Prices of WPI for 2019 increased due to the increase in the prices of Fishing goods by 8.89%, Mining and quarrying group  by 2.62%, and Agricultural goods by 0.68%, while the prices of goods in Manufacturing group decreased by 0.20%.

The prices of local products increased by 1.41%, while the prices of imported products decreased by 0.86% compared with the previous year.

Decrease in the Wholesale Price Index (WPI) During the Fourth Quarter of 2019

The overall WPI in Palestine with its base year (2007 = 100) reached 123.92 in the Fourth quarter 2019, which indicates a decrease of 1.86% compared with the Third quarter 2019.
WPI for local products (2007 = 100) reached 127.58 in the Fourth quarter 2019, which indicates a decrease of 1.91% compared with the Third quarter 2019.

WPI for imported products (2007 = 100) reached 121.14 in the Fourth quarter 2019, which indicates a decrease of 0.91% compared with the Third quarter 2019.

The table shows the relative share and the quarterly percent changes in WPI by major activities in Palestine for the period: First - Fourth quarter 2019

Major Activities

Relative Share %

Quarterly Percent Change

2019

Q1

Q2

Q3

Q4

Agriculture

29.0

+0.99

-4.25

+2.19

-6.04

Fishing

0.10

+5.10

+5.05

+3.55

-1.99

Mining and quarrying

0.90

+1.09

+0.88

+1.47

-2.91

Manufacturing

70.0

-0.42

-0.30

+0.33

+0.18

All Items Price Index

100

+0.06

-1.58

+0.94

-1.86

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