FINANCIAL NEWS

Jordan’s annual inflation accelerates to 5.2%

11 Jul 2010

(MENAFN) Jordan’s Department of Statistics said that the kingdom?s inflation rate rose to 5.3 percent year-on-year in June from 5.2 percent in May, The Jordan Times reported.

Compared with a month earlier, the June consumer price index (CPI) was up 0.3 percent due to rises in some major food and consumer items.

Inflation in the oil-importing kingdom in the first quarter of the year was running at 4.9 percent, buoyed by rising energy costs, according to the Department of Statistics, based on calculation methods dating from 2006.

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