The annual inflation rate in Jordan increased to 1.3% in November 2024, up from 0.8% in the previous month, which was the lowest rate since March 2021. The rise was mainly driven by a rebound in prices for food and non-alcoholic beverages (1.2% vs -0.6% in October) and higher housing costs (2.5% vs 2.3%). On the other hand, price growth slowed for alcohol, tobacco, and cigarettes (6.7% vs 6.8%), recreation and culture (4.5% vs 4.7%), communication (0.1% vs 0.3%), and other goods and services (2.6% vs 2.7%). Additionally, costs dropped for clothing and footwear (-2.2% vs -0.3%), household furnishings and equipment (-0.4% vs 0.1%), and health (-0.1% vs -0.1%). Transport costs also fell, though at a softer pace (-0.1% vs -1.5%). On a monthly basis, the CPI rose by 0.4% in November, after a flat reading in October. source: Department of Statistics (DOS), Jordan
Inflation Rate in Jordan increased to 1.30 percent in November from 0.80 percent in October of 2024. Inflation Rate in Jordan averaged 4.82 percent from 1977 until 2024, reaching an all time high of 37.50 percent in August of 1989 and a record low of -4.54 percent in December of 1983. This page provides the latest reported value for - Jordan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Jordan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
Inflation Rate in Jordan increased to 1.30 percent in November from 0.80 percent in October of 2024. Inflation Rate in Jordan is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.