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2025-11-03 15:59:54
[Jordan's Producer Price Index Declines for Eight Consecutive Months] ⑴ Jordan's producer price index (PPI) fell 1.8% year-on-year in September, a further widening of the decline from 0.75% in August, marking the largest drop since October 2024 and the eighth consecutive month of decline. ⑵ Continued declines in manufacturing costs were the main drag, with a 1.77% drop in September, widening from 1.43% in August. Paper and paper product prices fell sharply by 10.35%. ⑶ Mining prices plummeted 5.32% year-on-year, a stark contrast to the 9.60% increase in August, mainly due to a 0.27% decrease in crude oil and natural gas extraction costs and a 5.40% decrease in other mining prices. ⑷ After seasonal adjustment, the PPI fell 0.94% month-on-month in September, a significantly larger decline than the 0.46% drop in August.
