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PCBS | PCBS: The Palestinian Producer Price Index, February, 02/2014

Palestinian Central Bureau of Statistics (PCBS) 

Palestinian Producer Price Index, February, 02/2014

Decrease in the PPI during February 2014

The overall Producer Price1 Index (PPI) for  Palestine with its base year (2011=100) reached 104.03 in February 2014, as it decreased by 2.19% compared to January 2014.

Producer Price Index for locally consumed products (2011=100) reached 104.09 in February 2014, which indicates a decrease by 2.39% compared to January 2014.

Producer Price Index for exported products (2011=100) reached 103.50 in February 2014, which indicates a decrease by 0.18% compared to January 2014. 

The changes of Producer Price Index for February 2014 were traced back to changes in prices of the following major activities compared to the previous month:

 

Major Groups

%Change

Agriculture goods:

   -    5.68%

Manufacturing group:

   -    0.15%  

Fishing:

   + 16.14%

Mining and quarrying:

        0.00%

                                    

The trend line for the Producer Price Index in Palestine, for the period: February 2013 - February 2014 (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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