In 2022, the Consumer Price Index (CPI) recorded the highest increase in 10 years by 3.7% compared to the previous year. (Palestinian Central Bureau of Statistics (PCBS).
• In 2022, the average value of WFP food ration prices in local currency has increased by 20.4 per cent compared to 2021.
• In December, around 370,000 people in Palestine received WFP’s monthly food and cash e-voucher, injecting $3.1 million into the local economy. The most redeemed items were wheat flour, vegetable oil and rice.
• The unemployment rate in 2022 decreased to 25.7 per cent compared to 27.6 per cent in 2021. (PCBS)
• In 2022, the preliminary estimates of the foreign numbershowed that the number of goods and services sold to other countries (exports) went up by 7.3%, and the number of goods and services bought from other countries (imports) went up by 16.9% compared to 2021. As a result, the difference between the deficit in trade balance increased by 21.7% compared to last year. (PCBS)