عربي
Palestinian Central Bureau of Statistics (PCBS)
Increase in the Producer Price1 Index (PPI) during 2021
The overall PPI in Palestine with its base year (2019=100) reached 98.04 in 2021, which indicates an increase by 2.67% compared to 2020.
Prices of PPI for 2021 increased due to the increase in the prices of goods in Water supply; sewerage, waste management and remediation activities by 25.02%, Electricity, gas, steam and air conditioning supply activities by 4.35%, Manufacturing activities by 3.80%, and Mining and quarrying activities by 0.68%. While the prices of goods in Agriculture, forestry and fishing activities decreased by 2.73% in 2021 compared to 2020.
The prices of local exported products increased by 6.72%, and the prices of locally consumed products increased by 2.23%.
Decrease in the Producer Price Index (PPI) during December,12/2021
The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 99.36 in December 2021, as it decreased by 0.35% compared to November 2021.
PPI for local exported products
Producer Price Index for local exported products (2019 = 100) reached 106.81 in December 2021, which indicates a decrease of 0.48% compared to November 2021.
PPI for locally consumed products
Producer Price Index for locally consumed products (2019 = 100) reached 98.57 in December 2021, which indicates a decrease of 0.33% compared to November 2021.
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
The changes of PPI for December 2021 were traced back to changes in prices of the following major activities compared to the previous month:
|
Major Activities |
% Change |
|
Water supply; sewerage, waste management and remediation activities |
- 4.65% |
|
Electricity, gas, steam and air conditioning supply |
- 3.45% |
|
Manufacturing |
- 0.30% |
|
Agriculture, forestry and fishing |
+ 0.72% |
|
Mining and quarrying |
+ 0.13% |
The table shows monthly percent changes in Palestinian PPI for the months:
January – December 2021:
|
Month |
Local Products |
Exported Products |
All Products |
|
January |
- 1.67 |
- 0.08 |
- 1.51 |
|
February |
+ 1.36 |
+ 1.13 |
+ 1.34 |
|
March |
+ 0.28 |
+ 0.32 |
+ 0.29 |
|
April |
+ 2.70 |
+ 1.36 |
+ 2.57 |
|
May |
+ 0.38 |
+ 1.67 |
+ 0.51 |
|
June |
+ 0.64 |
+ 0.19 |
+ 0.59 |
|
July |
+ 0.79 |
+ 1.01 |
+ 0.81 |
|
August |
+ 0.70 |
+ 0.94 |
+ 0.72 |
|
September |
+ 1.08 |
+0.05 |
+ 0.97 |
|
October |
- 1.02 |
+ 1.06 |
- 0.81 |
|
November |
- 0.57 |
+ 0.63 |
- 0.45 |
|
December |
- 0.33 |
- 0.48 |
- 0.35 |
|
2021 Com. 2020 |
+ 2.23 |
+ 6.72 |
+ 2.67 |
Notice for Users:
- Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for PPI has been collected using mobile phones.