PCBS: Decrease in the Producer Price Index during May

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.

Source: Palestine News & Info Agency