Palestinian Central Bureau of Statistics (PCBS)

Palestinian Producer Price Index, March,03/2017

Decrease in the Producer Price1 Index during March 2017

The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 98.08 in March 2017, as it decreased by 0.79% compared to February 2017.

Producer Price Index for local exported products (December 2015=100) reached 100.09 in March 2017, which indicates a decrease by 0.87% compared to February 2017.

Producer Price Index for locally consumed products (December 2015=100) reached 97.54 in March 2017, which indicates a decrease by 0.64% compared to February 2017.

The changes of Producer Price Index for March 2017 were traced back to changes in prices of the following major activities compared to the previous month:


Major Activities

Change

Agriculture, forestry and fishing goods

- 4.80%

Electricity, gas, steam and air conditioning supply

+ 3.52%

Water supply; sewerage, waste management and remediation activities

+ 2.61%

Mining and quarrying

+ 0.21%

Manufacturing

+ 0.02%

 

 

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The table below shows monthly percent change in PPI for the period January – March 2017:

Month

Local Products

Exported Products

Total Products

Jan

- 4.66

+ 0.79

- 3.95

Feb

- 0.23

+ 0.13

- 0.20

Mar

-0.64

-0.87

-0.79

 

 

 

 


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

March 2016 - March 2017 (Base Month December 2015=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.                  

 

* Data collection of Producer Price Index survey was funded by the European Union.

 

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