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Jordan’s inflation drops 0.6 per cent in 8 months

Main sectors contributing to decrease are transport, fuel and lighting, vegetables, dry and canned beans, and drinks and beverages

Jordan’s inflation rate recorded a 0.6 per cent drop during the first eight months of the year, compared with the same period of last year, Jordan-based Alghad Newspaper reports.

According to a monthly report issued by the Department of Statistics, the main sectors contributing to this drop are the transport sector with 14.0 per cent, fuel and lighting with 12.0 per cent, vegetables, dry and canned beans by 1.0 per cent, and drinks and beverages by 1.5 per cent.

Meanwhile, the main sectors whose prices have increased are the rent sector by 5.3 per cent, education by 3.7 per cent, fruit and nuts by 6.9 per cent, and tobacco and cigarettes by 3.9 per cent.

The report points out that average consumer prices dropped by 0.7 per cent in August 2015 compared with August 2014.

The main sectors that contributed to this decrease were transport by 13.7 per cent, fuel and electricity by 14.1 per cent, cereals and its products by 1.2 per cent, drinks and beverages by 4.2 per cent, and sugar and its products by 1.0 per cent.

The main sectors whose prices have increased compared to last August are the rent sector by 4.5 per cent, meat and poultry by 4.2 per cent, vegetables, dry and canned beans by 5.7 per cent, and education by 3.6 per cent.

The average consumer prices rose in August 2015 by 0.2 per cent compared one month earlier.