PCBS: Increase in the Producer Price Index during September 

PNN/ Ramallah/

The monthly report by the Palestinian Central Bureau of Statistics (PSCBS) shows that the overall Producer Price Index (PPI) for Palestine with its base year (2018 = 100) reached 93.93 in September 2020, as it increased by 0.19% compared to August 2020.

PPI for locally consumed products

Producer Price Index for locally consumed products (2018 = 100) reached 93.72 in September 2020, which indicates an increase of 0.24% compared to August 2020.

PPI for local exported products

Producer Price Index for local exported products (2018 = 100) reached 95.80 in September 2020, which indicates a decrease of 0.19% compared to August 2020.

The changes of PPI for September 2020 were traced back to changes in prices of the following major activities compared to the previous month:

*Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for PPI has been collected using mobile phones.
*The data collection process for agricultural commodities, which is collected from the farm gate, and data on industrial commodities for the month of September 2020 has been completed.