The inflation rate in Jordan accelerated to 2.83% year-on-year in May 2026, the highest since April 2023, from 2.49% in April, driven primarily by higher fuel prices. The country raised fuel prices by 11% in April, the first increase since the Middle East conflict began, and partially adjusted fuel prices in May. Transportation costs were the main contributors to May inflation, accounting for 1.23 percentage points, followed by rental costs (0.68 percentage points) and oils and fats (0.27 percentage points). For the first five months of the year, inflation averaged 1.88%, down from 1.97% in the same period of 2025, with rental costs (0.68 percentage points) and transportation (0.26 percentage points) being the main contributors. On a monthly basis, CPI rose 0.55% in May, easing from a 0.70% increase in April and marking the softest increase in three months.

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