Statistics show decline in inflation rate

AMMAN — Inflation in the first nine months of 2015 went down by 0.7 per cent, compared to the same period of 2014, the Department of Statistics (DoS) announced Sunday.

Main item groups that contributed to the drop were transportation (14.2 per cent), fuel and lighting (12.5 per cent), beverages (1.6 per cent) and personal objects (3.6 per cent), according to a DoS report sent to The Jordan Times.

An increase in prices during the nine-month period included rents (5.2 per cent), fruits and nuts (6.4 per cent), tobacco and cigarettes (3.8 per cent) and education (3.5 per cent).

DoS also noted that average consumer prices went down by 1.2 per cent in September 2015, compared to September 2014.

The DoS report  highlighted that the inflation rate in September 2015 went down by 0.3 per cent, compared to the previous month.

DoS started calculating the inflation rate considering 2010 a base year instead of 2006, starting from January 2015 to conform to international classifications and approaches.