Jordan inflation up 1.97% driven by higher personal goods, food prices

Tea, coffee, and cocoa registered a 5.73 percent annual price rise. Shutterstock
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Updated 14 May 2025
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Jordan inflation up 1.97% driven by higher personal goods, food prices

JEDDAH: Tobacco, tea, and food prices helped drive up Jordan’s annual inflation rate by 1.97 percent in the first four months of 2025, official data showed. 

According to the Department of Statistics, the consumer price index climbed to 112.39 between January and April, up from 110.21 in the same period a year earlier. 

The figures point to persistent but moderate inflationary pressure in the Jordanian economy, primarily stemming from non-essential and import-sensitive categories. 

This comes as inflationary trends across the region remained mixed, with Saudi Arabia recording a 2.3 percent increase in consumer prices in March, while Oman posted a more modest rise of 0.56 percent. 

Dubai’s inflation slowed to 2.79 percent due to easing food prices, whereas Egypt’s rate accelerated to 13.1 percent as food costs continued to climb. 

Jordan’s consumer prices in April edged up 0.09 percent compared to March and 1.83 percent year-on-year. 

“On a monthly basis, the consumer price index for April 2025 reached 112.53 compared to 110.50 for the same month in 2024, and the index for April 2025 reached 112.53 compared to 112.43 for the previous month of the same year,” the department said in a statement. 

The steepest annual increase was seen in the personal effects category, which rose 19.01 percent, followed by tobacco and cigarettes at 12.65 percent. 

Other notable gains included tea, coffee, and cocoa at 5.73 percent, fruits and nuts at 5.52 percent, and spices, food additives, and other foods at 5.38 percent. 

“On a monthly basis, the index increased by 1.83 percent in April 2025 compared to April 2024, and showed a slight increase of 0.09 percent — less than one percentage point — compared to March of the same year,” the release added. 

In April, the largest price gains compared to the previous month were observed in fruits and nuts, which jumped 9.43 percent, and personal effects, which rose 5.68 percent. 

Tea, coffee, and cocoa increased by 4.73 percent, while dried and canned vegetables and legumes climbed 1.07 percent, and home maintenance costs edged up 0.45 percent.  

At the same time, several product groups recorded declines in April compared to the previous year, helping to moderate overall inflation. These included household supplies, which declined by 3.04 percent, and furniture, rugs, and bedding, which decreased by 2.71 percent. 

Dried and canned vegetables and legumes dropped by 1.91 percent, while fish and seafood saw a 1.65 percent decrease. 

Separately, Jordan’s industrial production grew 2.73 percent in the first quarter of 2025 compared to the same period a year earlier. The index rose to 87.62, up from 85.29, following a recalibration of the base year to 2018. 

This growth was underpinned by a 3.2 percent increase in manufacturing, which constitutes 88.7 percent of the index, along with a 4.97 percent rise in electricity production. However, the quarrying sector contracted by 8.03 percent over the same period. 


Saudi Arabia approves annual borrowing plan for 2026

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Saudi Arabia approves annual borrowing plan for 2026

RIYADH: Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan on Saturday approved the Kingdom’s annual borrowing plan for the 2026 fiscal year, following its endorsement by the NDMC’s Board of Directors, the Saudi Press Agency reported.

The plan outlines key developments in public debt during 2025, initiatives aimed at strengthening local debt markets, and the funding strategy and guiding principles for 2026, SPA added. 

It also includes the issuance calendar for the Local Saudi Sukuk Issuance Program in Saudi riyals for the year.

According to the plan, the Kingdom’s projected funding needs for 2026 are estimated at approximately SR217 billion ($57.8 billion).

This is intended to cover an anticipated budget deficit of SR165 billion, as set out in the Ministry of Finance’s official budget statement, as well as principal repayments on debt maturing during the year, estimated at around SR52 billion.

The plan aims to maintain debt sustainability while diversifying funding sources across domestic and international markets through both public and private channels.

Funding will be raised through the issuance of bonds, sukuk and loans at fair cost, according to the SPA report.

It also outlines plans to expand alternative government financing, including project and infrastructure funding and the use of export credit agencies, during fiscal year 2026 and over the medium term, within prudent risk management frameworks.