Jordan’s agriculture producer prices jump 38% y/y in June 2013

By bne IntelliNews August 14, 2013

Agriculture producer prices climbed 38% y/y in June 2013, swinging from a 22.7% contraction the month before, the statistics office DoS said. In monthly terms, these prices jumped 26% (down 12.4% in May) due to unfavourable seasonal factors and strong local demand. Tomato prices jumped 141.3% y/y and 189.0% m/m in June. Potatoe prices fell 44.0% m/m helping cut the annual growth to 78% y/y from 196% in May.

In January-June, agricultural producer prices rose 11.0% y/y, speeding up from a 6.1% expansion at end-May.

The data on agricultural prices are collected by the statistics office monthly through a sample of 732 agricultural producers spread across Jordan.

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