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PCBS | PCBS: The Palestinian Producer Price Index, July, 07/2022

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Palestinian Producer[1] Price Index, July, 07/2022

 

Increase in the Producer Price Index (PPI) during July 2022

The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 103.38 in July 2022, as it increased by 0.33% compared to June 2022.

 

PPI for locally consumed products

Producer Price Index for locally consumed products (2019 = 100) reached 102.92 in July 2022, which indicates an increase of 0.43% compared to June 2022.

 

PPI for local exported products

Producer Price Index for local exported products (2019 = 100) reached 107.66 in July 2022, which indicates a decrease of 0.54% compared to June 2022.

 

The changes of PPI for July 2022 were traced back to changes in prices of the following major activities compared to the previous month:

 

 

­­­­­­­Major Activities

                    % Change

Electricity, gas, steam and air conditioning supply

      + 2.74%

Agriculture, forestry and fishing

    

     + 0.53%

Mining and quarrying

   + 0.50%

Manufacturing

   + 0.08%

 

Water supply; sewerage, waste management and remediation activities

   - 4.74%

 

 

 

 

 

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 Please note that the press release in English is brief compared to the Arabic version.

 


[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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