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PCBS | PCBS: The Palestinian Producer Price Index, October, 10/2021

Decrease in the Producer Price1 Index (PPI) during October, 10/2021

 

The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 100.16 in October 2021, as it decreased by 0.81% compared to September 2021.

 

PPI for locally consumed products

Producer Price Index for locally consumed products (2019 = 100) reached 99.47 in October 2021, which indicates a decrease of 1.02% compared to September 2021.

 

PPI for local exported products

Producer Price Index for local exported products (2019 = 100) reached 106.65 in October 2021, which indicates an increase of 1.06% compared to September 2021.

 

The changes of PPI for October 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

- 6.55%

Mining and quarrying

- 0.27%

 

Water supply; sewerage, waste management and remediation activities

+ 5.03%

Electricity, gas, steam and air conditioning supply

+ 2.45%

Manufacturing

+ 1.33%

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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.

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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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