September 28, 2022

Producer Price Index in Palestine up by more than 1.5 percentage point during August

categories : finance & economy

RAMALLAH, Wednesday, September 28, 2022 (WAFA) - The overall Producer Price Index (PPI) for Palestine increased in August by 1.68% compared to July, today said the Palestinian Central Bureau of Statistics (PCBS).

It said PPI for locally consumed products increased by 1.78% in August compared to July, and for locally exported products by 0.76%.

The changes in PPI for August 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

+ 6.65%

Agriculture, forestry and fishing

+ 4.16%

Water supply; sewerage, waste management and remediation activities

+ 4.16%

Mining and quarrying

+ 1.19%

Manufacturing

- 0.12%

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