عربي
Palestinian Wholesale Price Index during 2021 & the Fourth Quarter of 2021
Imported products lead the Wholesale Price Index (WPI) to Increase during 2021
The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 126.99 in 2021, which indicates an increase of 1.21% compared with 2020.
Prices of WPI for 2021 increased due to the increase in the prices of Manufacturing activities by 1.25%, Agricultural activities by 1.16%, and Mining and quarrying activities by 0.78%, while the prices of Fishing activities decreased by 4.40%.
The prices of imported products increased by 2.78%, while the prices of local products decreased by 0.80% compared with the previous year.
Increase in the Wholesale Price Index (WPI) During the Fourth Quarter of 2021
The overall WPI in Palestine with its base year (2007=100) reached 129.76 in the Fourth quarter 2021, which Recorded an increase of 0.32% compared with the Third quarter 2021.
WPI for imported products (2007=100) reached 126.49 in the Fourth quarter 2021, which indicates an increase of 1.05% compared with the Third quarter 2021.
WPI for local products (2007=100) reached 132.43 in the Fourth quarter 2021, which indicates a decrease of 0.17% compared with the Third quarter 2021.
WPI for the Fourth Quarter of 2021 increased due to the increase in the activities of Manufacturing by 0.97%, and the activities of Mining and Quarrying by 0.25%, while the activities of Fishing decreased by 9.45%, and the activities of Agriculture decreased by 0.96%.
The table shows the relative share and the quarterly percent changes in WPI by
Major activities in Palestine for the period: First - Fourth quarter 2021
|
Major Activities |
Relative Share % |
Quarterly Percent Change |
|||
|
2021 |
|||||
|
Q1 |
Q2 |
Q3 |
Q4 |
||
|
Agriculture |
29.0 |
-0.29 |
-6.27 |
+11.83 |
-0.96 |
|
Fishing |
0.10 |
-10.11 |
-0.37 |
+6.90 |
-9.45 |
|
Mining and quarrying |
0.90 |
-0.15 |
-0.13 |
-0.36 |
+0.25 |
|
Manufacturing |
70.0 |
-0.79 |
+2.35 |
+0.84 |
+0.97 |
|
All Items Price Index |
100 |
-0.64 |
-0.49 |
+4.21 |
+0.32 |
The trend line of Wholesale Price Index in Palestine for the period: Fourth quarter 2018 – Fourth quarter 2021(Base year 2007 = 100)
|
|
Notice for Users:
1. As a result of CORONAVIRUS (COVID-19) outbreak, and the implemented measures to limit its spread, the data collection process for Wholesale Price Index has been replaced with data collection via phone and websites for all sale outlets in all of the Palestinian Governorates instead of collecting data face to face from the field.
Please note that the press release in English is brief compared to the Arabic version.