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PCBS | PCBS: The Consumer Price Index During, January, 01/2020.

Slight Decrease in the Consumer Price Index (CPI) during January, 01/2020

The overall CPI for Palestine during January 2020 slightly decreased by 0.02% compared with December 2019 (by 0.20% in Jerusalem J1*, and by 0.17% in the West Bank**, while it increased by 0.57% in Gaza Strip).

The changes in Palestinian CPI for January 2020 were traced back to changes in prices of the following expenditure sub groups compared with previous month:

Sub Groups

Percent Change

Potatoes and other Tubers

-7.74%

Fresh Chicken

-5.59%

Dried Vegetables

+4.62%

Fresh Fruit

+4.49%

Fresh Vegetables

+4.33%

Eggs

+1.92%



The Palestinian CPI during January 2020 increased by 1.26% compared with January 2019 (by 3.22% in Jerusalem J1*, by 1.26% in the West Bank**, and with a slight increase of 0.02% in Gaza Strip).

Notice:

Within the development process in calculating the Palestinian Consumer Price Index, the relative weight of the Palestinian regions "West Bank**, Gaza Strip and Jerusalem J1*" was taken into consideration at the detailed level of the main groups and subgroups of expenditure when calculating the Palestinian Consumer Price Index; instead of using the relative weight at general level of the regions. Accordingly, the Consumer Price Index for 12/2019 was recalculated in order to link between time series and to apply the international recommendations in this regard.

 

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.

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