Increase by 0.34% in CPI in Palestine in January compared to December and by 3.73 compared to January 2022

The overall consumer price index (CPI) for Palestine during January recorded an increase by 0.34% compared with the previous month, December, and by 3.73% compared with January 2022, today said the Palestinian Central Bureau of Statistics (PCBS).

The increase in January CPI came as a result of the increase in the prices of fresh chicken, eggs, cigarettes and transportation, it said.

The CPI increased by 0.78% in the West Bank in January compared to December, while it decreased by 0.76% in the Gaza Strip, and by 0.15% in Jerusalem.

Compared to January of last year, the CPI increased by 4.43% in Jerusalem, by 4.24% in the West Bank, and by 1.69% in the Gaza Strip.

The changes in Palestinian CPI during January 2023 were traced back to changes in prices of the following expenditure subgroups compared with the previous month:

Source: Palestine News and Information Agency