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. 

Related Articles

Lebanon becomes European Bank for Reconstruction and Development shareholder

Lebanon has become the fifth member country from the Southern and Eastern Mediterranean (SEMED) region to join the European Bank for Reconstruction and Development (EBRD), becoming a shareholder with ... more

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

US lifts laptop ban on Turkish Airlines flights as of July 5

Passengers boarding an early morning July 5 Turkish Airlines (THY) flight to John F Kennedy International Airport in New York were allowed to include laptops and electronic devices larger than a ... more