Business & Money | Sunday 21 July, 2019 8:06 am |

 

Rank a specialized global report, Jordan ranked fourth in the Arab world on the global cost of living index for the middle of this year. According to the Nambio Statistics Index, Jordan ranked 43rd globally and the fifth in the Arab world after Qatar, Lebanon and Bahrain. The index measures rental prices, goods, restaurant prices and local purchasing power in each country. The United Arab Emirates topped the index, followed by Qatar, Bahrain, Jordan, Palestine, Kuwait, Saudi Arabia, Oman, Iraq, Morocco, Egypt, Tunisia and Syria.

 

Internationally, the Cayman Islands topped the world's cost of living for the middle of this year, followed by Bermuda second, while Switzerland ranked third in the world. At the same level, the Department of Statistics said that the consumer price index for the first half of this year rose by 0.5 percent compared to the same period of 2018. The main commodities groups that contributed to this increase were vegetables and dried and canned cereals by 0.37 percentage points, rents by 0.35 percentage points, cereals and products by 0.26 percentage points, education by 0.10 percentage points, fuel and lighting by 0.50 percentage points

On the other hand, the prices of a group of commodities, including meat and poultry, decreased by 0.28 percentage points, milk and dairy products by 0.16 percentage points, transportation by 0.15 percentage points, and tobacco and cigarettes by 0.06 percentage points.