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PCBS | The Wholesale Price Index, During First Quarter,2025

 Palestinian Central Bureau of Statistics (PCBS)

Decrease in the wholesale price[1] index in Palestine by 1.01% during the

First Quarter 2025 compared with the Fourth Quarter 2024

 

The overall Wholesale Price Index in Palestine during the First Quarter of 2025 recorded a decrease by 1.01% compared with the Fourth Quarter of 2024. The decrease due to the decrease in imported products by 2.50%. While, local consumed products increased by 2.08%. 

The changes in WPI for the First Quarter of 2025 were traced back to changes in prices of the following Division and Category compared with previous quarter:

 

Division and Category

during Q1 2025

Percent Change

Wholesale trade, except of motor vehicles and motorcycles

- 1.04%

Wholesale of solid fuels

- 11.49%

Wholesale of fruits and vegetables

- 10.57%

wholesale of live animals

- 7.83%

Wholesale trade in drinks

- 6.67%

wholesale home furniture

- 6.34%

Wholesale of fish, meat and their products

- 5.19%

Wholesale of stationery, books, magazines and newspapers

- 4.19%

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

- 1.94%

Wholesale of home furnishings

- 1.58%

Wholesale household utensils

- 0.98%

Wholesale of dairy products and eggs

+ 5.72%

Wholesale of carpets, rugs

+ 4.18%

Wholesale of metals and metal ores

+ 0.78%

Wholesale and retail trade and repair of motor vehicles and motorcycles

- 0.79%

Wholesale or retail of new vehicles

- 1.58%

Maintenance and repair of motor vehicles

- 1.22%

 

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.

·         Due to the Israeli attack on Gaza strip in October,7 2023, the wholesale prices in Gaza strip was estimated according to international recommendation in this field for First Quarter 2025.


[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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