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PCBS | The Wholesale Price Index, During Third Quarter 2022

Palestinian Central Bureau of Statistics (PCBS)

 

 

The decrease in the prices of imported goods lead the Wholesale Price[1] Index to decrease during the third quarter of 2022

 

The overall Wholesale Price Index in Palestine during the Third Quarter of 2022 recorded a decrease by 1.01% compared with the second quarter of 2022 (1.43% for imported products, while the price of  local products increased by 0.20%).

 

The changes in WPI for the Third Quarter of 2022 were traced back to changes in prices of the following Division and Category compared with previous quarter:

 

Division and Category

Percent Change

Wholesale trade, except of motor vehicles and motorcycles

-1.02%

Wholesale of waste and scrap and other products n.e.c.

-8.50%

Wholesale of liquid fuels

-4.04%

Wholesale of ferrous and non-ferrous metals in primary forms

-3.27%

Wholesale of animal and vegetable oils and fats

-2.61%

Wholesale of textiles, clothing and footwear

-1.85%

Wholesale of construction materials, hardware, plumbing and heating equipment

and supplies

-1.47%

Wholesale of live animals

-1.32%

Wholesale of dairy products and eggs

+7.04%

Wholesale of fish, meat and their products

+2.62%

Wholesale of agricultural residues and waste for use as animal feed

+1.52%

Wholesale and retail trade and repair of motor vehicles and motorcycles

 

-0.94%

Sale of motor vehicles

-3.25%

Maintenance and repair of motor vehicles

+1.41%

 

 

 

 

 

 

Notice for Users:

·       The base year of Wholesale Price Index has been updated to be 2021.

·       The methodology of Wholesale Price Index has been updated; weights structure, sampling frame and wholesale outlets, and modified Laspers equation in the index compilation.

·       Reliance on the International Standard of Industrial Classification of all Economic Activities “Rev.4” issued by the United Nation Statistical Division (UN), to classify wholesale trade division and category within section G “45-47” wholesale and retail trade; repair of motor vehicles and motorcycles, exclude division 47 for retail trade.  

 


 

[1] The resale (sale without transformation) of new and used goods to retailers, industrial, commercial, institutional or professional users, to other wholesalers, or to those acting as agents or brokers in buying merchandise for, or selling merchandise to such persons or companies.  The wholesale price includes VAT and any transport charges


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