Saturday May 20 2017
Palestine Inflation Rate at 0.86 percent
Consumer prices in Palestine rose 0.86 percent from a year earlier in April of 2017, slowing from a 1.65 percent rise in March but marking the third straight month of increase. Considering the first four months of 2017, consumer prices went up 0.72 percent compared with the same period of the previous year. On a monthly basis, consumer prices fell 0.5 percent in April, after gaining 1.08 percent in a month earlier. Downward prices pressure came from food (-1.22 percent), clothing (-0.37 percent), housing (-0.38 percent); furniture, household goods (-0.02 percent), transport (-0.66 percent) and restaurants and cafes (-1.80 percent). In contrast, prices rose for: alcoholic beverages and tobacco (1.08 percent), health (0.15 percent), communications (0.23 percent), recreation & culture (0.18 percent) and miscellaneous goods and services (0.04 percent).