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PCBS | PCBS: The Wholesale Price Index, First Quarter, 2014

Palestinian Central Bureau of Statistics (PCBS) 

Palestinian Wholesale Price Index

 

Increase in the Wholesale Price1 Index during First Quarter of 2014

 

The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 122.51 in the First quarter 2014, which indicates an increase by 0.67% compared to the Fourth quarter 2013.

Wholesale Price Index for imported products (2007=100) reached 125.83 in the First quarter 2014, which indicates an increase by 0.68% compared to the Fourth quarter 2013.

Wholesale Price Index for local products (2007=100) reached 118.91 in the First quarter 2014, which indicates a decrease by 0.23% compared to the Fourth quarter 2013.

The change of Wholesale Price Index in the First quarter 2014 is traced back to changes in the prices of the following major activities compared to the previous quarter: 

 

Major Groups

%Change

Agriculture goods:

+ 1.69%

Manufacturing group:

+ 0.30%

Fishing:

+ 8.01%

Mining and quarrying:

- 5.40%

                                                    

The trend line for the wholesale price index in Palestine, for the period: First quarter 2012 – First quarter 2014  (Base year 2007=100)

 


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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