Inflation in Jordan
Jordan - Inflation
The recovery seemingly firmed in the second quarter: Industrial production bounced back and expanded 52% in annual terms—the strongest rate since at least Q1 2003—likely supported by the easing of restrictions. Momentum seemingly carried over into Q3, as industrial output continued to grow robustly year-on-year in July, although the pace of expansion softened due to a less favorable base effect. Additionally, thanks to plunging daily infection rates and an accelerating vaccination drive, authorities rolled out phases two and three of the economic reopening plan on 1 July and 1 September, respectively, likely further supporting activity in the quarter. In other news, on 29 September the government announced it was fully reopening the main border crossing to Syria, in a bid to boost trade to the levels seen before the pandemic and the Syrian civil war.Jordan - Inflation Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | -0.9 | -0.8 | 3.3 | 4.5 | 0.3 |
Jordan Inflation Chart
Source: Department of Statistics Jordan.
Jordan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 0.71 | 0.0 % | Nov 30 |
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