Consumer prices in Jordan were unchanged in October of 2020, after increasing 0.1 percent in the prior month. Prices declined further for housing (-3.4 percent vs -3.2 percent in September); clothing & footwear (-2 percent vs -1.5 percent); transportation (-3.6 percent vs -2 percent) and recreation & culture (-0.9 percent, the same pace as in September). Meanwhile, inflation edged higher mostly for food & non-alcoholic beverages (3.3 percent vs 2.4 percent); alcoholic beverages & tobacco (6.2 percent vs 6.1 percent) and health (5 percent vs 4.9 percent). On a monthly basis, consumer prices went up 0.3 percent, the same pace as in the previous month. source: Central Bank of Jordan
Inflation Rate in Jordan averaged 5.03 percent from 1977 until 2020, 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 November of 2020.
Inflation Rate in Jordan is expected to be 0.30 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 1.90 in 12 months time. In the long-term, the Jordan Inflation Rate is projected to trend around 2.20 percent in 2021 and 2.50 percent in 2022, according to our econometric models.