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PCBS | PCBS: The Palestinian Producer Price Index, October, 10/2017

Palestinian Producer Price Index, October,10/2017
 

Increase in the Producer Price  Index during October 2017
The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 101.63 in October 2017, as it increased by 1.62% compared to September 2017.

Producer Price Index for locally consumed products (December 2015=100) reached 101.87 in October 2017, which indicates an increase by 1.84% compared to September 2017.

Producer Price Index for local exported products (December 2015=100) reached 99.72 in October 2017, which indicates a decrease by 0.17% compared to September 2017.

The changes of Producer Price Index for October 2017 were traced back to changes in prices of the following major activities compared to the previous month:


Major Activities

Change

Electricity, gas, steam and air conditioning supply

+ 9.20%

Agriculture, forestry and fishing goods

+ 1.90%

Manufacturing

+ 0.10%

Water supply; sewerage, waste management and remediation activities

 - 1.94%

Mining and quarrying

 - 0.77%


NB:
-Data collection of Producer Price Index survey was funded by the European Union.


-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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