Food prices in Jordan only increased by 0.6% in July amid global inflation pressures — WB 

  • Date: 01-Oct-2023
  • Source: Jordan Times
  • Sector:Agriculture
  • Country:Jordan
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Food prices in Jordan only increased by 0.6% in July amid global inflation pressures — WB 

AMMAN — The food security update issued by the World Bank (WB) on September 14 showed that food prices in Jordan only increased by 0.6 per cent in July amid global inflation pressures. 

“Domestic food price inflation remains high around the world,” the report stated. 

Information for the period between May and August 2023 shows that 52.6 per cent of low-income countries, 86 per cent of lower-middle-income countries, and 64 per cent of upper-middle-income countries recorded inflation rates higher than 5 per cent, it added.