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PCBS | PCBS: The Palestinian Producer Price Index, during December, 12/2015, & during 2015

 

Palestinian Central Bureau of Statistics (PCBS)

 

Palestinian Producer Price Index, during December, 12/2015, & during  2015

 

Increase in the Producer Price1 Index during  2015

 

 

The overall Producer Price Index (PPI) in Palestine with its  base year (2011=100) reached 106.07 in 2015, which indicates an increase by 1.73% compared to 2014.

 

Prices of Producer Price Index for 2015 increased due to the increase in the prices of the Fishing group by 21.62%, Agriculture goods by 6.12%, and Mining and quarrying by 1.84%, while the prices of Manufacturing group decreased by 0.97%.

 

The prices of locally consumed products increased by 1.89%, and the prices of local exported products slightly increased by 0.06%.

 

Decrease in the PPI during December 2015

 

 

The overall Producer Price Index (PPI) for  Palestine with its base year (2011=100) reached 107.64 in December 2015, as it decreased by 0.17% compared to November 2015.

 

Producer Price Index for locally consumed products (2011=100) reached 108.07 in December 2015, which indicates a decrease by 0.19% compared to November 2015.

 

Producer Price Index for local exported products (2011=100) reached 103.33 in December 2015, which indicates a slight decrease by 0.01% compared to November 2015.

 

The changes of Producer Price Index for December 2015 were traced back to changes in prices of the following major activities compared to the previous month:

 

Major Groups

Change

Agriculture goods:

    -    0.29%

Manufacturing group:

    -    0.14%

Mining and quarrying:

    -    0.02%

Fishing:             

    +   8.59%

                                  

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

December 2014 - December 2015 (Base Year 2011=100)


 

 

The trend line for the Producer price index in Palestine for 2011 – 2015

(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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