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PCBS | PCBS: The Palestinian Producer Price Index, during December, 12/2014 & 2014

Palestinian Central Bureau of Statistics (PCBS)

 

Palestinian Producer Price Index during  December, 12/2014 & 2014

 

Increase in the Producer Price1 Index during  2014

 

 

The overall Producer Price Index (PPI) in Palestine with its  base year (2011=100) reached 104.26 in 2014, which indicates an increase by 0.78% compared to 2013.

 

Prices of Producer Price Index for 2014 increased due to the increase in the Agriculture goods by 2.27%, Fishing group by 1.48%, while the price of Mining and quarrying decreased by 0.41%, Manufacturing group by 0.05%.

 

The price of locally consumed products increased by 0.98%, while the price of local exported products decreased by 1.19%.

 

Decrease in the PPI during December 2014

 

 

The overall Producer Price Index (PPI) for  Palestine with its base year (2011=100) reached 105.48 in December 2014, as it decreased by 0.80% compared to November 2014.

 

Producer Price Index for locally consumed products (2011=100) reached 105.74 in December 2014, which indicates a decreased by 0.86% compared to November 2014.

 

Producer Price Index for exported products (2011=100) reached 102.86 in December 2014, which indicates a decreased by 0.16% compared to November 2014.

 

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

 

Major Groups

Change

Agriculture goods:

    -    1.45%

Manufacturing group:

    -    0.43%

Fishing:             

    +   6.40%

Mining and quarrying:

         0.00%  


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

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


 

 

 

The trend line for the Producer price index in Palestine for 2011 – 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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