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PCBS | PCBS: The Palestinian Producer Price Index, December, 12/2012 and during 2012

Palestinian Central Bureau of Statistics (PCBS)

 Palestinian Producer Price Index, during December 2012 and during 2012

 

Increase in the PPI during 2012

 

 

The overall Producer Price1 Index (PPI) for the Palestinian Territory with its base month (January 2011=100) reached 101.81 in 2012, it increased by 3.33% compared to 2011.

Prices of Producer Price Index for 2012 increased due to the increase of agriculture group by 5.26%, and manufacturing group by 2.40%.

The price of exported products increased by 4.46%, and the price of locally consumed products increased by 3.22%.

 

Decrease in the PPI during December 2012

 

 

The overall Producer Price Index (PPI) for the Palestinian Territory with its base month (January 2011=100) reached 102.43 in December 2012, it decreased by 0.33% compared to November 2012.

 

Producer Price Index for exported products (January 2011=100) reached 105.42 in December  2012, which  indicates an increase by 0.34% compared to November 2012.   

Producer Price Index for locally consumed products (January 2011=100) reached 102.13 in December 2012, which indicates a decrease by 0.39% compared to November 2012.

 

The changes of Producer Price Index for December 2012 is traced back to changes in prices of following major activities compared to the previous month:

 

Major Groups

%Change

Agriculture goods:

- 1.46%

Fishing:

+ 1.70%

Manufacturing group:

+ 0.30%

Mining and quarrying:

   0.00%

 

The trend line for the Producer Price Index in the Palestinian Territory, for the period: January 2012 - December 2012

(Base Month January 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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