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PCBS: The Consumer Price Index During June 2008  14/07/2008

Palestinian Central Bureau Of Statistics  “PCBS”

Palestinian Consumer Price Index increase by 0.59% in June 2008
 
The overall Consumer Price Index (CPI) for the Palestinian Territory with its 2004 base year (2004=100) reached 121.28 in June 2008, a 0.59% increase relative to May 2008, and increased by 11.71% compared to June 2007. In the first six months of 2008, the average increase of prices was 10.20% compared to the corresponding period of year 2007. 
 
Analysis of consumer price developments for June indicates increases in the following major expenditure groups:
-       Transportation                                                             + 2.36 %
-       Al Coholic Beverages and tobacco:                               + 1.22 %
-       Furniture, household goods                                          + 0.62 %
-       Food and soft drinks:                                                   + 0.60 %
-       Textiles, clothing and footwear:                                     + 0.53 %
-       Restaurants and cafes                                                 + 0.53 %
-       Housing:                                                                     + 0.24 %
-       Recreational, cultural goods & services                          + 0.18 %
-       Medical care                                                                + 0.04 %                     
At the same time, there were declines in other major expenditure groups including:
-       Miscellaneous goods and services                                - 0.07 %
-       Communications                                                         - 1.53 %
Palestinian Territory regions experienced different overall CPI developments as follows:
-       Gaza Strip:                                                                   + 0.63%
-       Remaining West Bank:                                                  + 0.62%
-       Jerusalem:                                                                    + 0.53%
 


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