Wholesale price index down by more than 1% during the second quarter of 2023 – PCBS

The overall Wholesale Price Index (WPI) in Palestine during the second quarter of 2023 decreased by 1.23% compared with the first quarter of the same year, today said the Palestinian Central Bureau of Statistics (PCBS). The decrease was by 1.73% for imported products, while the price of local products increased by 0.15%. The changes in WPI for the second quarter of 2023 were traced back to changes in prices of the following divisions and categories compared with the previous quarter: Division and Category during Q2 2023 Percent Change Wholesale trade, except for motor vehicles and motorcycles - 1.32% Wholesale of waste and scrap and other products n.e.c. - 12.59% Wholesale trade in drinks - 5.89% Wholesale of fruits and vegetables - 4.14% Wholesale of construction materials, hardware, plumbing and heating equipment and supplies - 2.67% Wholesale of metals and metal ores - 1.78% Wholesale of solid, liquid and gaseous fuels and related products - 1.46% Wholesale of machinery, equipment and supplies - 0.86% Wholesale of live animals + 7.57% Wholesale of grains and seeds + 3.95% Wholesale of sugar, chocolate, sugary products and bakery products + 2.15% Wholesale of pharmaceutical and pharmaceutical preparations + 1.94% Wholesale of agricultural residues and waste for use as animal feed + 1.51% Wholesale and retail trade and repair of motor vehicles and motorcycles - 0.50% Sale, maintenance and repair of motorcycles and related parts and accessories - 25.00% Sale of motor vehicle parts and accessories - 2.62% Sale of motor vehicles - 1.13%

Source: En - Palestine news & Information Agency - WAFA