Inflation Jordan 2023
Average inflation: 2.1%
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Peak and Trough
The highest inflation was in February at 4.3%. The lowest inflation was in July at 0.9%.
- Highest month
- February: 4.3%
- Lowest month
- July: 0.9%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 4.5%. The lowest price increase was in Food with an average of 0.6%.
- Highest increase
- Energy: 4.5%
- Lowest increase
- Food: 0.6%
Historical Context
Current inflation is around the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 1.8%
- All-time high (2008)
- 14%
- All-time low (2015)
- -0.9%
Trend
Inflation has remained relatively stable. Compared to 2022, the difference is minimal (-2.1 percentage point).
- Change vs. previous year
- -2.1 percentage points
- Largest monthly swing
- August: -4.5 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 3.8% | +1.3 |
| February | 4.3% | +2.3 |
| March | 3.9% | +1.4 |
| April | 2.9% | -0.7 |
| May | 2.0% | -2.4 |
| June | 1.2% | -4.0 |
| July | 0.9% | -4.4 |
| August | 0.9% | -4.5 |
| September | 1.2% | -4.2 |
| October | 1.4% | -3.8 |
| November | 1.3% | -3.7 |
| December | 1.6% | -2.8 |
| Average | 2.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.