Inflation rate in Jordan up by 4.4% during Q1 2011
Jordan’s Consumer Price Average (inflation rate) for the first quarter of 2011 rose by 4.4 % compared with the same period of 2010.
The main commodities groups which contributed to this rise were: Transport (10.1%), Rents (5.3%), Vegetables (13.0%), Education (5.9%), and Fuel and lightening 4.4%.
Meanwhile, the main commodities groups which witnessed a decline in their prices were: Communications (6.8%), Cereals (3.0%), Other expenditure (1.4%) and Diary products and Eggs (0.1%).
According to official statistics published yesterday in Amman, the Consumer Price Average during March 2011 went up by 4.3% as compared with the same month of 2010. The main commodities groups which contributed to this increase were, again: Transport (9.2%), Rents (5.3%), Education (5.9%), Vegetables (9.6%), and Fuel and lighting (4.4%). Meanwhile, the main commodities groups which witnessed a decrease in their prices were: Communications (6. 7%), Cereals (3.0%), and Other expenditure (1.4%). Source: yallafinance.com.
- Will terror attacks damper Arabs' appetite for European holidays?
- So cool it's hot: Saudi Arabia's $3.2B HVACR market driven by construction boom
- US, EU protectionist policies may be a blessing in disguise for GCC suppliers
- Dubai to Doha: How far can you stretch your dirham?
- OPEC's poor history of compliance will make production cut deal a challenge