Ammon News - Jordan’s industrial producer price index (PPI) rose by 1.17 percent in March from February, despite recording an annual decline of 1.66 percent compared with March 2025, according to data released Thursday by the Department of Statistics.

The department’s monthly report showed the cumulative industrial producer price index for the first quarter of 2026 declined by 2.48 percent compared with the same period last year, based on 2018 as the reference year.

The index averaged 104.55 points during the January-March period of 2026, compared with 107.21 points in the corresponding period of 2025.

On a monthly basis, the industrial producer price index reached 105.43 points in March 2026, up from 104.21 points recorded in February, while remaining below the 107.21 points registered in March 2025.

The quarterly decline was primarily driven by a 2.93 percent drop in manufacturing prices, which account for 88.74 percent of the index weighting. Meanwhile, prices in the extractive industries sector rose by 1.30 percent, and electricity prices increased by 1.05 percent.

Year-on-year, the March decline reflected a 1.87 percent decrease in manufacturing prices and a 1.13 percent decline in extractive industries prices, while electricity prices posted a 1.01 percent increase.

Month-on-month, the March increase in the overall index was attributed to a 1.46 percent rise in manufacturing prices, despite declines of 1.94 percent in extractive industries prices and 0.24 percent in electricity prices. Petra