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Jordan Flags Expectations For Lower Imported Inflation Ahead

SNB
  • Inflation dropping mainly due to tourism and goods, but electricity and rents, as well as VAT will likely raise inflation sightly again.
  • Mid-term, less imported inflation and lower second-round effects led us to lower our inflation forecast.
  • Growth looks subdued in the coming quarters, driven by downside risk to international economic conditions.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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