Inflation Rate in Jordan
In March, inflation cooled to 3.9% (February: 4.2%), with fuel and lighting remaining key drivers of inflation. Meanwhile, effective from 5 May, the Central Bank hiked the re-discount rate by 25 basis points to 8.25%, moving in lockstep with the Fed. Price pressures should continue to soften in 2023 amid restrictive monetary policy.
Jordan Inflation Rate Chart
Jordan Inflation Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Inflation (CPI, ann. var. %, aop) | 3.3 | 4.5 | 0.8 | 0.3 | 1.3 |