Economic Statistic Directorate Producer Price Index in Palestine Ashraf Samara 2016.

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Presentation transcript:

Economic Statistic Directorate Producer Price Index in Palestine Ashraf Samara 2016

Producer Price Index in Palestine Cotenant: Introduction Definition Classification Sampling Data collection Calculation Publishing

Introduction: Since start producing PPI, PCBS follow the international standard and recommendations, based on producer price index manual. PCBS start produce PPI since From 1997 – 2005 it was produced annually. From 2006– 2010 it was produced quarterly. Since 2011 became on monthly base(met SDDS). Producer Price Index in Palestine

Definition: Producer price: the amount received by producer from the purchaser for a unit of a good or service produced as output, minus any VAT or similar deductible tax, invoiced to the purchaser. The producer prices exclude any transport charges invoiced separately by the producer. Producer Price Index in Palestine

Classification: Since 2015 PCPS start use ISIC4 Agriculture, forestry and fishing, 143 item. Mining and quarrying, 11 item. Manufacturing, 742 item. Electricity, gas, steam and air conditioning supply, 6 item. Water supply; sewerage, waste management and remediation activities, 10 item. Total number of item include in Produce basket 912 items Producer Price Index in Palestine

Weighting System for PPI : Total Production Locally Consumed Products, 0.89% Exported Products, 0.11% Total ProductionAgricultural Production, 0.25%Industrial Production, 0.75% Producer Price Index in Palestine

Weighting for main activity, PPI 2013 Producer Price Index in Palestine

Sampling: Select the Division, ISIC – 4. Select the Main Activities 2% and above from each Division. Select Economic Activities Frame of all industrial establishment, with information about production, region, government, number of employee, value added. Select Region Distribution by region. Select economic activities. Select establishment, 70% and above in each economic activities. Select outlet Select production line 70% and above in each activities in the establishment. Select Production line under each activity in each establishment Select item 70% and above in each product line in the establishment. Determine if its local consumed or to export. is there a discrimination price policy. Select item Producer Price Index in Palestine

Data collection: During the first 15 days of the next month to price reference month. Calculation: Laspeyres equation. Publishing: on monthly basis with 29 days timelines. Producer Price Index in Palestine

Relative Importance of the Main Activity and its Impact on PPI: 2013

Production, Number of Establishments and its impact on PPI: 2013

Thank you