RAMALLAH: For more than a decade, the Consumer Price Index (CPI) has been recording a sharp increase in Gaza Strip by 18.35% during November 2023 due to the continuation of the Israeli aggression on Gaza Strip for the second consecutive month, according to a press by Palestinian Central Bureau of Statistics (PCBS).
Sharp accumulated increase in the Palestinian Consumer Price Index (CPI) to record an increase of 6.15% since the start of the Israeli aggression on Gaza Strip by 2.57% for the first month of the aggression “October 2023” and by 3.50% during the second month of the aggression “November 2023”
The overall Consumer Price Index CPI for Palestine during November 2023 recorded a sharp increase by 3.50% compared with October 2023 (18.35% in Gaza Strip, and with a slight increase by 0.02% in Jerusalem J1*. While, the CPI decreased by 0.90% in the West Bank).
The changes in Palestinian CPI during November 2023 were traced back to changes in prices of the following expenditure sub groups compared with pre
vious month:
Sub Groups
Percent Change
Potatoes
+ 26.29%
Eggs
+ 26.20%
Flour of Cereals
+ 8.41%
Vegetable Oil
+ 7.31%
Fresh Chicken
+ 2.48%
Meat
+ 1.95%
Fresh Vegetables
– 9.54%
Fresh Fruits
– 8.02%
Dried Vegetables
– 6.51%
The Palestinian CPI during November 2023 increased by 11.36% compared with November 2022 (36.39% in Gaza Strip, 4.89% Jerusalem J1, and by 4.78% in the West Bank.)
Source: Palestine News and Information Agency – WAFA