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PCBS | PCBS: The Palestinian Producer Price Index, September, 09/2021

 

Palestinian Central Bureau of Statistics (PCBS)

 

Increase in the Producer Price1 Index (PPI) during September, 09/2021

 

The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 100.98 in September 2021, as it increased by 0.97% compared to August 2021.

 

PPI for locally consumed products

Producer Price Index for locally consumed products (2019 = 100) reached 100.49 in September 2021, which indicates an increase of 1.08% compared to August 2021.

 

PPI for local exported products

Producer Price Index for local exported products (2019 = 100) reached 105.54 in September 2021, which indicates a slight increase of 0.05% compared to August 2021.

 

The changes of PPI for September 2021 were traced back to changes in prices of the following major activities compared to the previous month:

                                             

 

­­­­­­­Major Activities

% Change

Agriculture, forestry and fishing goods

+ 4.14%

Manufacturing

+ 0.47%

Mining and quarrying

0.00%

Electricity, gas, steam and air conditioning supply

- 5.23%

Water supply; sewerage, waste management and remediation activities

- 3.33%

 

Notice for Users:

  • Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for PPI has been collected using mobile phones.
  • Relative weights for electricity, gas, steam and air conditioning supply activities have been revised.

 


 

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.

 

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