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.
Iraq is in the final stages of negotiating its first-ever purchase of LNG supplies as power outages hamper the Middle East country, Bloomberg reported on June 26. Dallas-headquartered Excelerate ... more
Sudan’s Sovereign Council head, Abdel Fattah al-Burhan, issued a constitutional decree on May 19 appointing Kamil al-Tayeb Idris as the new prime minister, Al Sharq Al Awsat reported. He also ... more
Egypt's state-owned gas company EGAS has received several offers to supply liquefied natural gas (LNG) shipments urgently needed for summer, Al Sharq reported on May 18, citing an unnamed government ... more