Consumer prices in Jordan edged down 0.3 percent year-on-year in January of 2021, from a 0.4 percent decrease in the prior month. Main downward pressure came from prices of food and non-alcoholic beverages (-0.77 vs -0.52 in December); clothing & footwear (-1.0 percent vs -1.1 percent); housing (-0.8 percent vs -0.9 percent); transportation (-3.0 percent vs -3.7 percent); and recreation & culture (-1.3 percent vs -0.7 percent). In contrast, prices increased at the same pace for health services (4.5 percent) and alcoholic beverages & tobacco (6.2 percent). On a monthly basis, consumer prices edged up 0.1 percent, from a 0.3 percent decrease in the previous month. source: Central Bank of Jordan
Inflation Rate in Jordan averaged 5 percent from 1977 until 2021, reaching an all time high of 32.91 percent in August of 1989 and a record low of -8.28 percent in December of 1994. 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 March of 2021.
Inflation Rate in Jordan is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Jordan to stand at 2.20 in 12 months time. In the long-term, the Jordan Inflation Rate is projected to trend around 2.20 percent in 2022 and 2.50 percent in 2023, according to our econometric models.