July 1, 2022

PCBS: Decrease in the Producer Price Index during May

categories : finance & economy

RAMALLAH, Thursday, June 30, 2022 (WAFA) - The overall Producer Price Index (PPI) for Palestine reached 103.78 in May 2022, according to the Palestinian Central Bureau of Statistics (PCBS).

PCBS said in a press statement that PPI for Palestine reached 103.78 in May 2022, decreasing by 2.54% compared to April 2022.

It added that the PPI for locally consumed products reached 103.26 in May 2022, which indicates a decrease of 2.66% compared to April 2022.

PPI for local exported products reached 108.70 in May 2022, which indicates a decrease of 1.42% compared to April 2022.

The changes of PPI for May 2022 were traced back to changes in prices of the following major activities compared to the previous month.

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