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.

Amena Bakr Amena Bakr, Senior Reporter
Sunday, February 10 - 2008 at 13:04 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.

AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.

In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.

MediaCentre »

Business Directory »

The news you choose

News and Articles »

Current Events »

Sponsored Message