Consumer Price Index in Palestine Decreases in July

Ramallah-Ma'an- The Central Bureau of Statistics said that the consumer price index in Palestine recorded a decrease of 1.39% during July 2024 compared to June 2024, by 2.89% in the Gaza Strip, by 0.18% in Jerusalem, and a slight decrease of 0.05% in the West Bank. The decrease in prices in Palestine, according to the 'Statistics', resulted from a decrease in gas prices by 53.37%, egg prices by 30.48%, sugar substitutes and other sugars by 7.43%, fresh fruit prices by 6.57%, and fresh chicken prices by 6.40%, despite the increase in dried vegetable prices by 18.95%, liquid fuel prices used as fuel for cars 'diesel' by 11.67%, 'gasoline' by 9.71%, potato prices by 7.24%, fresh vegetable prices by 5.57%, and fresh meat prices by 1.18%. When comparing prices during July 2024 with July 2023, the data indicates an increase in the consumer price index in Palestine by 51.69%, by 243.66% in the Gaza Strip, by 4.06% in Jerusalem, and by 2.22% in the West Bank. Consumer Price Index at the Palestinian Territories Lev el: The Palestinian Central Bureau of Statistics indicated a decrease in the cost of living index for the Gaza Strip, despite the price levels remaining higher than their pre-Israeli aggression rates for all basic commodities in the Strip, as the consumer price index in the Gaza Strip recorded a decrease of 2.89% during the month of July 2024 compared to the month of June 2024. The main reason for the decline in the cost of living index in the Gaza Strip is the decline in the prices of some goods, despite the rise in other goods. The "Statistics" pointed out the sharp increase in the cost of living index in the Gaza Strip by 237% from October 7, 2023, until the end of July 07/2024, as a result of the ongoing Israeli occupation aggression on the Strip. Cost of living index drops in Jerusalem: The consumer price index in Jerusalem decreased by 0.18% during July 2024 compared to June 2024, as a result of a decrease in potato prices by 25.46%, fresh fruit prices by 9.08%, egg prices by 3.78%, and fresh chick en prices by 1.56%, despite an increase in dried vegetable prices by 20.15%, fresh vegetable prices by 13.84%, coffee prices by 2.15%, vegetable oil prices by 1.67%, and cereal flour prices (white flour) by 1.53%. The prices of the following commodities decreased in Jerusalem, reaching an average of: potatoes 7 shekels/1kg, lemons 6 shekels/1kg, grapes 20 shekels/1kg, eggs 31.5 shekels/2kg, and fresh chicken 24 shekels/1kg. Stability of the cost of living index in the West Bank: The consumer price index in the West Bank recorded a slight decrease of 0.05% during July 2024 compared to June 2024, due to a decrease in fresh chicken prices by 11.18%, and egg prices by 5.95%, despite the increase in fresh vegetable prices by 10.50%, fresh fruit prices by 7.23%, potato prices by 6.04%, dried vegetable prices by 3.97%, and liquid fuel prices used as fuel for cars (diesel) by 2.90%. Prices of the following commodities decreased in the West Bank** to reach an average of: fresh chicken 15 shekels/1kg, and eggs 17 s hekels/2kg. Source: Maan News Agency