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PCBS | The Palestinian Producer Price Index, January, 01/2023

Palestinian Central Bureau of Statistics (PCBS)

Palestinian Producer Price Index January, 01/2023


Decrease in the Producer Price1 Index (PPI) during January 2023

The overall Producer Price Index (PPI) for Palestine with its base year (2019 = 100) reached 105.84 in January 2023, as it decreased by 0.73% compared to December 2022.

PPI for locally consumed products during January 2023

Producer Price Index for locally consumed products (2019 = 100) reached 105.56 in January 2023, which indicates a decrease of 0.79% compared to December 2022.

PPI for local exported products during January 2023

Producer Price Index for local exported products (2019 = 100) reached 108.43 in January 2023, which indicates a decrease of 0.11% compared to December 2022.

The changes of PPI for January 2023 were traced back to changes in prices of the following major activities compared to the previous month:

 

­­­­­­­Major Activities

% Change

Agriculture, forestry and fishing

- 3.56%

Water supply; sewerage, waste management and remediation activities

+ 2.66%

Electricity, gas, steam and air conditioning supply

+ 1.05%

Mining and quarrying

+ 0.67%

Manufacturing

+ 0.27%


 

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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