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Palestine RCI drops 0.55% in Oct

Palestine RCI drops 0.55% in Oct
The overall Road Cost Index (RCI) inched down 0.55% to reach 116.64 in the West Bank during October 2014 compared to September 2014, according to a report released by the Palestinian Central Bureau of Statistics (PCBS).



The report highlighted that the drop in RCI during October 2014 is mainly attributed to the fall in the prices of raw materials, operating costs of equipment and maintenance, and equipment rental by 0.73%, 0.50% and 0.21% respectively.



It is worth mentioning that labor wages remained unchanged during October 2014 compared to September 2014.