May 2016


Main reports: Inflation, as measured by the PCBS Consumer Price Index (CPI), was 0.28% in April 2016 compared to the previous month, while prices were 0.28% lower than those in April 2015.

In April, Palestine together with Lebanon joined the free trade area between the Arab Mediterranean countries, known as the “Agadir Agreement”.

In April, the Palestine Monetary Authority Business Cycle Index (PMABCI) decreased to 4.1 points from 5.4 points in March due to a significant decline in business activity in Gaza.

Palestinian officials announced on 27 April that a temporary solution to the ongoing financial disputes between Gaza’s Energy Authority and the Palestinian National Authority’s (PNA) Ministry of Finance (MoF) had been reached.