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Wholesale Price Index Decreased in Q1, Says Bureau of Statistics

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RAMALLAH, July 18, 2012 (WAFA) - The overall Wholesale Price Index (WPI) in the Palestinian Territory reached 117.59 in the second quarter of 2012, indicating a decrease by 2.15% compared to the first quarter, Wednesday said a press release by the Palestinian Central Bureau of Statistics (PCBS).

WPI for imported products reached 119.70 in the second quarter of 2012, registering a decrease by 0.37% compared to the first quarter of 2012 while WPI for local products reached 117.08 in the second quarter of 2012, which indicates a decrease by 4.26% compared to the first quarter of 2012.
Changes in WPI in the second quarter of 2012 can be traced back to changes in the prices of major activities compared to the previous quarter, including a decrease in agriculture goods by 8.38%, and an increase in fishing by 2.82%, mining and quarrying by1.32%, and manufacturing group by 0.53%.

R.Q.

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