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PCBS | The Consumer Price Index During , June, 06/2024

Palestinian Central Bureau of Statistics (PCBS)

 

The Consumer Price Index (CPI) in Gaza Strip has sharply increased by 247% since October 2023 up to the end of June, 06/2024 as a result of the ongoing Israeli aggression against Gaza Strip, while it showed stability, for the same period, in the West Bank.

 

The overall Consumer Price Index CPI for Palestine during June 2024 increased by 0.83% compared with May 2024 (1.91% in Gaza Strip, While, the CPI decreased by 0.16% in Jerusalem J1* and by 0.10% in the West Bank).

 

The changes in Palestinian CPI during June 2024 were traced back to changes in prices of the following expenditure subgroups compared with the previous month:

Sub Groups

%Change

Fresh Fruits

+ 6.84%

Vegetable Oil

+ 1.80%

Liquid Fuel for Car " Diesel "

+ 1.65%

Fresh Meat

+ 0.63%

Other Sugar and Sugar Substitutes

- 41.78%

Dried Vegetables

- 37.40%

Eggs

- 33.35%

Potatoes

- 22.23%

Liquid Fuel for Car " Petrol "

- 21.18%

Dried Pluses

- 15.28%

Fresh Vegetables

- 6.86%



The Palestinian CPI during June 2024 increased by 54.04% compared with June 2023 (254.45% in Gaza Strip, 4.31% in Jerusalem J1*, and 2.42% in the West Bank**).

 

Notes:

*Data represent those parts of Jerusalem, which were annexed by Israeli Occupation in 1967.

**Data exclude those parts of Jerusalem, which were annexed by Israeli Occupation in 1967.

Due to the Israeli occupation aggression against Gaza Strip since October 7th, 2023, the data for June 2024 were collected through direct phone contact with PCBS fieldworkers working in Gaza Strip. They focused on the prices for basic commodities purchased by them and those that are of high relative importance within the main major groups of expenditure in the consumer price index.

The prices of goods and services were collected in New Israeli Shekels (NIS). The monthly average exchange rate of the US Dollar during June 2024 is (3.73 NIS/$).

 

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


 

 

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