Standard of living affected in Jordan
Jordan: Sunday, February 10 - 2008 at 13:04
An analysis of the latest household and income survey conducted by the Department of Statistics (DoS) showed standards of living were adversely affected in 2002-2006, reported MENAFN. First Strategieh Consulting indicated in the December issue of The Economic Report that the growth rate in income at current prices was less than the inflation rate. The Economic Report, entitled 'Jordanian Economy: Further Challenges', said that despite an 11.3 per cent growth in average income per household at current prices between 2002 and 2006, this income at constant prices declined by 3.7 per cent. The analysis showed that, at current prices, the annual income per person, on average, grew 20.2 per cent from JD900.5 to JD1,082 in 2006. But at constant prices, this income expanded by 3.6 per cent.
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Amena Bakr, Senior ReporterSunday, February 10 - 2008 at 13:04 UAE local time (GMT+4)
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