Consumer prices in Jordan fell 0.4 percent year-on-year in December of 2020, the biggest drop in four months. Main declines were seen in cost of fuels and lighting (-10.8 percent), dried vegetables (-5.5 percent), meat and poultry (-5 percent) and transportation (-3.7 percent). In contrast, alcoholic beverages recorded the highest increase (21.4 percent). On a monthly basis, consumer prices fell 0.3 percent. source: Central Bank of Jordan
Inflation Rate in Jordan averaged 5.01 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 February 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.