Decrease in Producer Price Index in November, says PCBS

The overall Producer Price Index (PPI) for Palestine with its base year (2018 = 100) reached 98.87 in November 2019, as it decreased by 0.82% compared to October 2019, according to Palestinian Central Bureau of Statistics (PCBS).

PCBS said Producer Price Index (PPI) for locally consumed products (2018 = 100) reached 98.91 in November 2019, which indicates a decrease of 0.84% compared to October 2019.

PPI for local exported products (2018 = 100) reached 98.29 in November 2019, which indicates a decrease of 0.64% compared to October 2019.

The changes of PPI for November 2019 were traced back to changes in prices of the following major activities compared to the previous month:

�������Major Activities

% Change

Agriculture, forestry and fishing goods

– 2.47%

Manufacturing

– 0.21%

Electricity, gas, steam and air conditioning supply

+ 0.91%

Mining and quarrying

+ 0.44%

Water supply; sewerage, waste management and remediation activities

+ 0.23%

The table shows monthly percent changes in Palestinian PPI for the months: January � November 2019:

Month

Local Products

Exported Products

All Products

January

– 0.01

– 0.17

– 0.03

February

+ 1.09

+ 0.77

+ 1.06

March

– 0.96

– 0.13

– 0.87

April

+ 0.43

– 0.01

+ 0.39

May

– 1.12

– 1.34

– 1.14

June

– 0.89

– 1.46

– 0.95

July

– 0.71

+ 0.44

– 0.59

August

+ 0.99

+ 0.08

+ 0.91

September

+ 0.43

+ 0.65

+ 0.45

October

+ 0.49

– 0.58

+ 0.38

November

– 0.84

– 0.64

– 0.82

Source: Palestinian News & Info Agency