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Market Update: Jordan Inflation Rate Continues to Rise in June
Jordans 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 [/s2If]
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