03.03.202609:00:25UTC+00Jordan Producer Prices Hit Over 2-Year Low

Producer prices in Jordan fell by 2.9% year-on-year in January 2026, deepening from a 1.3% decline in December 2025. This marked the twelfth consecutive month of producer price deflation and the sharpest drop since September 2023.

The downturn was largely driven by a steeper fall in manufacturing costs (-3.5% vs. -1.8% in December), particularly in food products (-5.1% vs. -3.1%) and refined petroleum products (-12.0% vs. -3.4%).

In contrast, price growth in mining and quarrying eased to 3.6% from 4.4%, reflecting slower increases in other mining and quarrying activities (3.3% vs. 4.6%). However, extraction costs for crude oil and natural gas rebounded strongly, surging 22.2% after a 5.1% decline in the previous month.

Prices also continued to rise in the electricity, gas, steam, and air conditioning supply sector, with costs up 0.8% compared with 0.3% in December.

On a monthly basis, producer prices fell 0.8% in January, matching the rate of decline recorded in the previous month.