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PCBS | PCBS: The Palestinian Producer Price Index, May, 05/2022

 

Palestinian Central Bureau of Statistics (PCBS)

 

Decrease in the Producer[1] Price Index (PPI) during May, 05/2022

 

 

The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 103.78 in May 2022, as it decreased by 2.54% compared to April 2022.

 

PPI for locally consumed products

Producer Price Index for locally consumed products (2019 = 100) reached 103.26 in May 2022, which indicates a decrease of 2.66% compared to April 2022.

 

PPI for local exported products

Producer Price Index for local exported products (2019 = 100) reached 108.70 in May 2022, which indicates a decrease of 1.42% compared to April 2022.

 

The changes of PPI for May 2022 were traced back to changes in prices of the following major activities compared to the previous month:

 

 

­­­­­­­Major Activities

% Change

Agriculture, forestry and fishing

 

- 9.74%

 

Water supply; sewerage, waste management and remediation activities

- 4.09%

Electricity, gas, steam and air conditioning supply

- 0.21%

Mining and quarrying

0.00%

Manufacturing

+ 0.71%

­­­­­­­­­­­­­­­­­­­

 

 

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

 

 


 

[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.

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