Middle East Economic Survey

VOL. LIV

No 4

24-Jan-2011

Jordan

Jordan Lowers Some Petroleum Product Prices To Curb Inflation

The Jordanian government has lowered the prices of some petroleum products effective 12 January, after raising them on 31 December by up to 9.2%. The reduction announced on 11 January follows directives by Jordans King 'Abd Allah to find ways to control food prices and some petroleum products in a bid to lower the inflation rate, which rose to 6.1% year-on-year in...