Jordan’s food prices decrease

market food
(File photo: Ameer Khalifeh/Jordan News)
AMMAN — A recent report from the World Bank has shed light on the declining food prices in Jordan, indicating a decrease of 1.9 percent by the end of last May. This comes after a slight increase of 0.8 percent in the previous month of April. According to the report, food prices in Jordan have experienced a downward trend in line with global decreases, Hala News reported. According to the report, which highlighted the global market’s performance, agricultural commodities, grains, and exports closed with respective decreases of 3 and 4 percent. Despite this positive development in Jordan, the World Bank emphasized that food price inflation remains a pressing issue in many countries, particularly those with low, middle, and high-income levels. Efforts to address and stabilize these inflationary pressures are ongoing. Wheat prices dropped significantly In a more specific analysis, the report revealed that wheat prices have notably dropped by 115 percent compared to two weeks ago, presenting a promising outlook for this staple grain. On the other hand, prices for rice and corn have remained relatively stable, according to the World Bank. Read more National news Jordan News   (window.globalAmlAds = window.globalAmlAds || []).push('admixer_async_509089081')   (window.globalAmlAds = window.globalAmlAds || []).push('admixer_async_552628228') Read More Modifications and Engineering Works on "Commodore Intersection" Toward Wadi Saqra in Amman Illegal Connections Detected on Main Water Lines in Eastern Dhahibeh 5,000 Transactions Completed in One Month by Evening Mobile Licensing Unit on Zarqa Highway
AMMAN — A recent report from the World Bank has shed light on the declining food prices in Jordan, indicating a decrease of 1.9 percent by the end of last May. This comes after a slight increase of 0.8 percent in the previous month of April.
 


According to the report, food prices in Jordan have experienced a downward trend in line with global decreases, Hala News reported. According to the report, which highlighted the global market’s performance, agricultural commodities, grains, and exports closed with respective decreases of 3 and 4 percent.

Despite this positive development in Jordan, the World Bank emphasized that food price inflation remains a pressing issue in many countries, particularly those with low, middle, and high-income levels. Efforts to address and stabilize these inflationary pressures are ongoing.

Wheat prices dropped significantly
In a more specific analysis, the report revealed that wheat prices have notably dropped by 115 percent compared to two weeks ago, presenting a promising outlook for this staple grain. On the other hand, prices for rice and corn have remained relatively stable, according to the World Bank.


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