Producer Price Index Slightly Up in July 2015, says Statistics Bureau

RAMALLAH, August 30, 2015 (WAFA) – The overall Producer Price Index (PPI) for Palestine recorded a slight increase in July 2015 by 0.02% compared to June 2015 and reached 104.03, Sunday said thePalestinian Central Bureau of Statistics (PCBS).

According to a monthly report, PPI for locally-consumed products slightly increased by 0.04% in July 2015 compared to the previous month, reaching 104.16.

Meanwhile, PPI for exported products decreased by 0.14% for the same period compared to June 2015, and reached 102.75.

The changes of PPI were traced back to changes in prices of manufacturing group, fishing, and mining and quarrying, which increased by 0.02%; 4.84%, and 0.70%, respectively. Agricultural goods recorded a slight drop in its prices by 0.04%.