Palestinian Producer Price Index, August,08/2017
 
Decrease in the Producer Price  Index during August 2017
The overall Producer Price Index (PPI) for  Palestine with its base month (December 2015=100) reached 103.72 in August 2017, as it decreased by 6.38% compared to July 2017.

Producer Price Index for locally consumed products (December 2015=100) reached 103.84 in August 2017, which indicates a decrease by 7.08% compared to July 2017.

Producer Price Index for local exported products (December 2015=100) reached 100.61 in August 2017, which indicates a slight increase by 0.08% compared to July 2017.

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

Major Activities

Change

Electricity, gas, steam and air conditioning supply

 - 31.53%

Mining and quarrying

- 0.17%

Manufacturing

- 0.12%

Water supply; sewerage, waste management and remediation activities

 - 0.05%

Agriculture, forestry and fishing goods

+ 0.50%


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

Month

Local Products

Exported Products

Total Products

January

- 4.66

+ 0.79

- 3.95

February

- 0.23

+ 0.13

- 0.20

March

- 0.64

- 0.87

- 0.79

April

+ 3.27

- 0.31

+ 2.70

May

- 0.49

- 0.62

- 0.49

June

+ 9.41

+ 1.14

+ 8.80

July

+ 1.90

+ 0.23

+ 1.60

August

- 7.08

+ 0.08

- 6.38

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