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PCBS | PCBS: The Palestinian Producer Price Index, November, 11/2021

 Palestinian Central Bureau of Statistics (PCBS)

 

Palestinian Producer Price Index, November, 11/2021

 

 

Decrease in the Producer Price1 Index (PPI) during November 2021

The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 99.71 in November 2021, as it decreased by 0.45% compared to October 2021.

 

PPI for locally consumed products

Producer Price Index for locally consumed products (2019 = 100) reached 98.90 in November 2021, which indicates a decrease of 0.57% compared to October 2021.

 

PPI for local exported products

Producer Price Index for local exported products (2019 = 100) reached 107.32 in November 2021, which indicates an increase of 0.63% compared to October 2021.

 

The changes of PPI for November 2021 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

      - 3.43%

 

Water supply; sewerage, waste management and remediation activities

    + 1.85%

Manufacturing

   + 0.65%

Electricity, gas, steam and air conditioning supply

      + 0.55%

Mining and quarrying

   + 0.14%




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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.

 

Notice for Users:

  • Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for PPI has been collected using mobile phones.
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