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PCBS: Increase in the Producer Price Index in March

Palestinian Central Bureau of Statistics (PCBS) said in a statement that the overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 94.95 in March 2021, as it increased by 0.26% compared to February 2021.

The PCBS added that the PPI for local exported products (2019 = 100) reached 100.20 in March 2021, which indicates an increase of 0.32% compared to February 2021.

PPI for locally consumed products (2019 = 100) reached 94.39 in March 2021, which indicates an increase of 0.25% compared to February 2021.

The changes of PPI for March 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

+ 3.50%

Electricity, gas, steam and air conditioning supply

+ 2.43%

Manufacturing

+ 0.19%

Mining and quarrying

0.00%

Agriculture, forestry and fishing goods

– 0.41%

Source: Palestine news & Information Agency – WAFA

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