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31 July 2009

1. Highlights

2. Stocks versus requirements of wheat flour in the Gaza Strip

3. Food imports to Gaza

4. Market price analysis in the oPt

4.1 Consumer price index6

In May 2009, the overall consumer price index (CPI) was 3.5% higher than that of May 2008 in Gaza, while it decreased by 0.6% in the West Bank over the same period. The food CPI followed the same trend, i.e., 3.1% higher in Gaza in May 2009 than a year earlier, and 0.8% lower in the West Bank.

In both the West Bank and Gaza, the food and overall CPI decreased in May 2009 in comparison with April; by 0.22% and 0.52% respectively in the West Bank and by 0.48% and 0.24% in Gaza.

4.2 Comparing prices in the West Bank and in Gaza

Price fluctuations in the West Bank and Gaza Strip are provided in table 1 (Annex 1).

4.3 Comparing price fluctuations in the West Bank
and Gaza with those in Israel

Figure 4 (Annex 2) shows a highly fluctuating price of white sugar in both Gaza and the West Bank, as opposed to a stable one in Israel. This is due to the closure, which affects the cost of food and the availability of commodities. The fluctuations are the highest in Gaza, resulting from the war and tighter closure regime.

5. Fishing

The fishing catch in June 2009 is 68% lower than that in June 2008. This drastic decrease is due to restrictions by Israeli authorities to access the sea, whereby fishing activity remains limited to 3 nautical miles from the shore.

Annex 1 – Price fluctuations of basic commodities in the oPt


1 Prices of main staple food commodities are still significantly higher than their long term averages.
2 Source: WFP.
3 Source: Paltrade.
4 Source: Paltrade (not included imports for UNRWA).
5 Source: Paltrade.
6 Source: PCBS.

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