Jordan’s consumer price inflation edged up to 1.8 percent year-on-year in June 2021, from 1.7 percent in the previous month. It was the highest inflation since March 2020, as cost picked up for housing & utilities (2.72 vs 2.44 in May), and rebounded for furnishings (0.36 percent vs -0.15 percent). On the other hand, prices rose at a softer pace for transport (7.3 percent vs 8.7 percent) and fell more for food & non-alcoholic beverages (-0.3 percent vs -0.2 percent). On a monthly basis, consumer prices went up 0.2 percent, after a 0.3 percent downtick in May. source: Central Bank of Jordan
Inflation Rate in Jordan averaged 4.96 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 July of 2021.
Inflation Rate in Jordan is expected to be 1.60 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 1.70 in 12 months time. In the long-term, the Jordan Inflation Rate is projected to trend around 1.00 percent in 2022 and 1.50 percent in 2023, according to our econometric models.