Statistics bureau: Wholesale price index increased in Q4 2013 in Palestine

The overall Wholesale Price Index (WPI) in the Palestinian Territory reached 121.70 in the fourth quarter of 2013, indicating an increase by 0.56% compared to the third quarter of 2013, Sunday said a press release by the Palestinian Central Bureau of Statistics (PCBS).WPI for imported products reached 124.98 in the fourth quarter of 2013, registering an increase by 3.24% compared to the third quarter of 2013, while WPI for local products reached 119.18 during the same period, which indicates a decrease by 1.07%. Changes in WPI in the fourth quarter of 2013 can be traced back to changes in the prices of major activities compared to the previous quarter, including an increase in agricultural goods, manufacturing group, mining and quarrying, and fishing by 0.11%, 0.74%, 1.70%, and 0.24% respectively.