5.1% the Average Increase of the Inflation Rate for June 2018

5.1% the Average Increase of the Inflation Rate for June 2018

The monthly report on inflation in Jordan issued by the Department of Statistics indicates that the Consumer Price Average (Inflation) reached 125.1 in June 2018 against 119.0 during June 2017 recorded an increase by 5.1%.The main commodities groups, which contributed to this increase, were “Transport” 1.59 percentage points, “Cereals and its Products” 1.09 percentage points, “Tobacco and cigarettes” 0.62% percentage points, “Fuel and |lightening” 0.41% percentage points and “ Rents” 0.40% percentage points. Meanwhile, the main commodities groups which witnessed a decrease in their prices were “Meats and Poultry” 0.21% percentage points , “ Clothes” 0.06% percentage points, “Foot wears”0.01% percentage points and “ Spices and flavor enhancers and other foods” 0.01% percentage points.

The Consumer Price Average for June 2018 has increased by 0.1% compared with the previous month (May) 2018.The main commodities groups which contributed to this increase were “Rents” 0.46% percentage points, “ Clothes” 0.14% percentage points, “ Personal Care” 0.06% percentage points, “Fruits and Nuts” 0.02% percentage points and “Foot Wears” 0.02%. Meanwhile, the main groups which witnessed a decrease in their prices were “Meat and poultry” 0.32% percentage points, “Vegetables, Dried and Canned Legumes” 0.27% percentage points, “drinks and beverage” 0.03 percentage points, and “ Cereals and its products” 0.01%.
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