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PCBS | The Palestinian Producer Price Index, June, 06/2022

 

Palestinian Central Bureau of Statistics (PCBS)

 

Decrease in the Producer[1] Price Index (PPI) during June, 06/2022

 

The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 103.04 in June 2022, as it decreased by 0.72% compared to May 2022.

 

PPI for locally consumed products

Producer Price Index for locally consumed products (2019 = 100) reached 102.48 in June 2022, which indicates a decrease of 0.75% compared to May 2022.

 

PPI for local exported products

Producer Price Index for local exported products (2019 = 100) reached 108.24 in June 2022, which indicates a decrease of 0.42% compared to May 2022.

 

The changes of PPI for June 2022 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

- 4.77%

Agriculture, forestry and fishing

 

- 3.18%

Mining and quarrying

+ 0.38%

Manufacturing

+ 0.34%

Electricity, gas, steam and air conditioning supply

+ 0.31%

­­­­­­­­­­­­­­­­­­­

 

 

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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