Statistics: A decrease in product prices during May

Ramallah - Ma'an - The Palestinian Central Bureau of Statistics said today, Tuesday, that the general index of producer prices recorded a decrease of 3.30% during the month of May, and the general index reached 134.41 compared to 139.00 during the month of April 2024 (base year 2019 = 100).Producer price index for locally consumed goods during May 2024The producer price index for locally consumed goods of local production recorded a sharp decline of 3.41%, and the producer price index for locally consumed goods reached 137.02 during the month of May 2024 compared to 141.85 during the month of April 2024 (base year 2019 = 100).Producer price index for exported goods during May 2024The producer price index for goods exported from local production recorded a decrease of 2.08%, as the producer price index for goods exported from local production reached 110.03 during the month of May 2024 compared to 112.37 during the month of April 2024 (base year 2019 = 100).The movement of product prices within the m ain activities during the month of May 2024The prices of goods produced from agriculture, forestry, and fishing activity recorded a sharp decline of 7.86%, whose relative importance constitutes 29.94% of the product basket, as a result of the sharp decline in the prices of goods within the activity of cultivating non-permanent crops by 14.39%, as the average price of each of: Cauliflower 3.30 shekels/kg, white cabbage 3.30 shekels/kg, green molokhiya with stems 4.82 shekels/kg, parsley 15.94 shekels/kg, ground tomatoes 3.10 shekels/kg, greenhouse cucumbers 1.60 shekels/kg, Persian eggplant 4.18 shekels/kg, and peppers. Sweet 2.37 shekels/kg, fauces 2.03 shekels/kg, green broad beans 9.00 shekels/kg, dry onions 3.29 shekels/kg, and potatoes 2.59 shekels/kg.The prices of commodities within the activity of growing permanent crops recorded a slight decrease of 0.98%, as the average price of each of: Lemon 3.22 shekels/kg, and oranges 5.66 shekels/kg.While the prices of goods within the fishing and aquacultu re activity recorded an increase of 0.94%, with the average price of Sultan Ibrahim fish and bream reaching 1,000 shekels/10 kg each.The prices of commodities within the animal production activity recorded an increase of 0.69%, as the average price of a live live calf reached 21.49 shekels/kg, and a live sheep reached 41.89 shekels/kg, despite the decrease in the average price of fresh eggs to 17.17 shekels/2 kg, and a large live broiler chicken to 14.12. Shekel/kg.The prices of water supply, sanitation activities, waste management and treatment also recorded a decrease of 0.43%, which constitute 1.50% of the product basket in relative importance.The prices of goods produced from manufacturing activities recorded a slight decrease of 0.09%, whose relative importance constitutes 58.92% of the product basket, due to the decrease in prices of goods produced within the following activities: Manufacture of other non-metallic mineral products by 1.08%, processing and preserving meat by 0.43%, manufacturing fu rniture by 0.41%, and processing and preserving fruits, nuts and vegetables by 0.12%, despite the rise in prices of goods produced within the following activities: Manufacture of prepared animal feed by 2.47%, Manufacture of vegetable oils and vegetable and animal fats by 0.80%, Manufacture of bakery products by 0.55%, and Manufacture of grain mill products by 0.42%.The prices of electricity, gas, steam, and air conditioning supplies recorded stability during the month of April 2024, as the index settled at 114.29, whose relative importance constitutes 8.23% of the product basket.The prices of mining and quarrying industry products also recorded stability during the month of May 2024, as the index settled at 103.04, whose relative importance constitutes 1.41% of the product basket.Source: Maan News Agency

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