Gaza blockade adds to leap in Palestinian inflation
Low oil prices are failing to offset a fuel crisis
The Palestine Monetary Authority (PMA) is having to cope with dramatically different factors driving inflation in the two Palestinian territories, according to its latest inflation report, published on September 9.
The report highlighted "huge hikes" in commodity prices in the Gaza Strip, which it attributed to Israeli-imposed blockades. Overall, inflation accelerated to 2.8% in the second quarter of 2015, reflecting 2% inflation in the West Bank and 4% in the Gaza Strip.
Certain goods in Gaza
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