FINANCIAL NEWS

Jordan’s May inflation rate up 4.1%

11 Jun 2012

(MENAFN) Jordan’s Department of Statistics announced that the country’s inflation rate went up by 4.1 percent in May, reported Xinhua News.

The agency added that prices in the poultry and meat sector rose by 7.1 percent, whereas property rent edged up by 4 percent, moreover, costs of dairy products and transport increased by 15.4 percent and 3.3 percent, respectively.

It said that the Kingdom’s inflation rate in 2011 grew to 4.4 percent.

It is worth noting that during January-May 2012, Jordan’s inflation rate increased 3.9 percent compared with 2011’s same period.

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