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PCBS | PCBS: The Palestinian Producer Price Index, May,05/2014

Palestinian Central Bureau of Statistics (PCBS) 

Palestinian Producer Price Index, May, 05/2014

 

Increase in the PPI during May 2014 

The overall Producer Price1 Index (PPI) for  Palestine with its base year (2011=100) reached 102.57 in May 2014, as it increased by 1.20% compared to April 2014.

Producer Price Index for locally consumed products (2011=100) reached 102.57 in May 2014, which indicates an increase by 1.33% compared to April 2014. 

Producer Price Index for exported products (2011=100) reached 102.57 in May 2014, which indicates a slight decrease by 0.02% compared to April 2014. 

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

 

Major Groups

Change

Agriculture goods:

   +   3.47%

Manufacturing group:             

   +   0.03%

Fishing:

   -   6.04%  

Mining and quarrying:

        0.00%

 

The trend line for the Producer Price Index in Palestine, for the period:

May 2013 - May 2014  (Base Year 2011=100)

 

 

 

­­­­­­­­­­­­­­­­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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