Decrease in the Producer Price1 Index (PPI) during 2019

The overall PPI in Palestine with its base year (2018=100) reached 99.42 in 2019, which indicates a decrease by 0.58% compared      to 2018.

Prices of PPI for 2019 decreased due to the decrease in the prices of goods in Water supply; sewerage, waste management and remediation activities group by 3.26%, the prices of goods in Mining and quarrying group decreased by 1.82%, the prices of goods in Electricity, gas, steam and air conditioning supply group by 1.06%, the prices of goods in Agriculture, forestry and fishing group by 0.72%, and the prices of goods in Manufacturing group by 0.29% in 2019 compared to 2018.

The prices of locally consumed products decreased by 0.60%, and the prices of local exported products decreased by 0.42%.

1 The producer’s price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any VAT, or similar deductible tax, invoiced to the purchaser. The producer’s prices exclude any transport charges invoiced separately by the producer.

Producer Price Index during December, 12/2019

Decrease in the Producer Price Index (PPI) during December, 12/2019
The overall Producer Price Index (PPI) for  Palestine with its base year (2018 = 100) reached 98.33 in December 2019, as it decreased by 0.54% compared to   November 2019.

PPI for locally consumed products
Producer Price Index for locally consumed products (2018=100) reached 98.30 in December 2019, which indicates a decrease of 0.62% compared to November 2019.

PPI for local exported products
Producer Price Index for local exported products (2018=100) reached 98.44 in December 2019, which indicates an increase of 0.16% compared to November 2019.




Notice:
•The base year of Producer Price Index has been updated to be 2018.