Jordan Inflation Picks Up in November
2024-12-12
Category: economic

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 uptick was driven by a rebound in prices for food and non-alcoholic beverages (1.2% vs -0.6% in October), as well as a rise in 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%), while declined less for transport (-0.1% vs -1.5%).
On a monthly basis, the CPI rose by 0.4% in November, after a flat reading in October.