Palestine

Palestinian Central Bureau

of Statistics

Published in: 19/01/2020

Palestinian Wholesale Price Index

During the Fourth Quarter of 2019 &

During 2019

Increase in the Wholesale Price1 Index (WPI) During 2019

The overall Wholesale Price Index (WPI) in Palestine with its base year (2007=100) reached 16.521 in 2019, which indicates an increase by 0.11% compared with 2018.

Prices of WPI for 2019 increased due to the increase in the prices of Fishing goods by 8.89%, Mining and quarrying group by 2.62%, and Agricultural goods by 0.68%, while the prices of goods in Manufacturing group decreased by 0.20%.

The prices of local products increased by 14.1%, while the prices of imported products decreased by 0.86% compared with the previous year.

Decrease in the Wholesale Price Index (WPI)

During the Fourth Quarter of 2019

The overall WPI in Palestine with its base year (2007 = 100) reached 123.92 in the Fourth quarter 2019, which indicates a decrease of 1.86% compared with the Third quarter 2019.

WPI for local products (2007 = 100) reached

127.58 in the Fourth quarter 2019, which indicates a decrease of 1.91% compared with the Third quarter 2019.

WPI for imported products (2007 = 100) reached 121.14 in the Fourth quarter 2019, which indicates a decrease of 0.91% compared with the Third quarter 2019.

The table shows the relative share and the quarterly percent changes in WPI by major activities in Palestine for the period: First - Fourth quarter 2019

Major

Relative

Quarterly Percent Change

2019

Activities

Share %

Q1

Q2

Q3

Q.

Agriculture

29.0 +0.99

-4.25

+2.19

-6.04

Yearly Percent Changes in the Wholesale Price Index in Palestine for 2007 - 2019

Change

%12.0

10.71%

%10.0

Percent

%8.0

%6.0

WPI

3.70%

%4.0

Yearly

0.93%

1.62%

%2.0

3.08%

1.05%

%0.0

0.11%

%2.0-

-0.67%

-1.17%

Fishing

0.10

+5.10

+5.05

+3.55

-1.99

Mining and

0.90

+1.09

+0.88

+1.47

-2.91

quarrying

Manufacturing

70.0

-0.42

-0.30

+0.33

+0.18

All Items

100

+0.06

-1.58

+0.94

-1.86

Price Index

1 The resale (sale without transformation) of new and used goods to retailers, industrial, commercial, institutional or professional users, to other wholesalers, or to those acting as agents or brokers in buying merchandise for, or selling merchandise to such persons or companies. The wholesale price includes VAT and any transport charges.

Palestine

Palestinian Central Bureau

of Statistics

Published in: 19/01/2020

The trend line of Wholesale Price Index in

Palestine for the period:

Fourth quarter 2017 - Fourth quarter 2019

(Base year 2007 = 100)

130

Index (WPI)

128

126

Price

124.30

124

Wholesale

123.92

122

120

For more information, please contact:

Palestinian Central Bureau of Statistics P.O BOX 1647, Ramallah, Palestine. Tel: (972/970) 2 2982700

Fax: ( 972/970) 2 2982710

Toll free.: 1011011011

E-Mail diwan@pcbs.gov.ps

Web-Site:http://www.pcbs.gov.ps

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PCBS - Palestinian Central Bureau of Statistics published this content on 19 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2020 09:03:04 UTC