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PCBS | PCBS: The Palestinian Producer Price Index, of 2013 & December, 12/2013

Palestinian Central Bureau of Statistics (PCBS)

 

Palestinian Producer Price Index

 

Increase in the Producer Price1 Index during  2013

 

 

The overall Producer Price Index (PPI) in Palestine with its  base year (2011=100) reached 103.45 in 2013, which indicates an increase by 0.89% compared to 2012.

 

Prices of Producer Price Index for 2013 increased due to the increase in the Fishing group by 15.57%, Manufacturing group by 1.52%, and Mining and quarrying by 0.65%, while the price of Agriculture goods decreased by 0.25%.

 

The price of locally consumed products increased by 0.94%, and the price of local exported products increased by 0.30%.

 

Increase in the PPI during December 2013

 

The overall Producer Price Index (PPI) for  Palestine with its base year (2011=100) reached 106.81 in December 2013, as it increased by 4.49% compared to November 2013.

Producer Price Index for locally consumed products (2011=100) reached 107.13 in December 2013, which indicates an increase by 4.95% compared to November 2013.

 

Producer Price Index for exported products (2011=100) reached 103.50 in December 2013, which indicates a decrease by 0.16% compared to November 2013. 

 

The changes of Producer Price Index for December 2013 were traced back to changes in prices of the following major activities compared to the previous month:

 

Major Groups

%Change

Agriculture goods:

  +  12.57%

Mining and quarrying:

  +  0.38%

Manufacturing group:

  + 0.11%  

Fishing:

   - 9.17%

                                            

 

The trend line for the Producer Price Index in Palestine, for the period: December 2012 - December 2013

(Base Year 2011=100)

 

 

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1 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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