The consumer price index for Palestine down by almost half a percentage point during August – PCBS

RAMALLAH, The overall consumer price index (CPI) for Palestine during August recorded a decrease by 0.48% compared with July, today said the Palestinian Central Bureau of Statistics (PCBS).

It said the decrease was 1.06% in Jerusalem, 0.40% in Gaza Strip, and 0.39% in the West Bank.

The decrease in the CPI was a result of the decrease in the prices of fuel and chicken, despite the increase in the prices of fresh vegetables, dried vegetables, potatoes, and eggs.

The Palestinian CPI during August 2022 increased by 3.16% compared with August 2021 (4.47% in Jerusalem, 3.57% in the West Bank, and 1.04% in the Gaza Strip).

The changes in Palestinian CPI during August 2022 were traced back to changes in prices of the following expenditure sub-groups compared with the previous month:

 

Source: Palestine News & Info Agency

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