Industrial production in Jordan fell 8.8 percent year-on-year in August of 2018, following a 4.8 percent drop in the previous month. On a monthly basis, industrial output advanced 0.6 percent, after a 5.7 percent rise in July. Industrial Production in Jordan averaged 2.54 percent from 1995 until 2018, reaching an all time high of 34.52 percent in December of 2001 and a record low of -22.94 percent in April of 2003.
Industrial Production in Jordan is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Jordan to stand at 0.30 in 12 months time. In the long-term, the Jordan Industrial Production is projected to trend around 1.00 percent in 2020, according to our econometric models.