Khaberni - The Jordanian economy has faced increasing challenges in recent years, led by inflation in Jordan and rising prices in Jordan, which has directly reflected on the living standards of citizens. Jordanian families have faced daily difficulties in meeting their basic needs, leading to a clear change in lifestyle and spending habits. We highlight the impact of inflation on families in Jordan, and how the cost of living affects the economic and social decisions within the Jordanian family.
What is inflation in Jordan?
Inflation is defined as the continuous rise in the prices of goods and services with a decrease in the purchasing power of money. In the local context, inflation and the high cost of living in Jordan are linked to several factors, including:
• Rising energy and fuel prices
• Increased import costs
• Global market fluctuations
• Population growth and increased demand for goods
These factors combined have contributed to increased pressure on family budgets, especially those with low and middle incomes.
The impact of rising prices on the Jordanian family
The impact of rising prices on the Jordanian family is evident in the details of daily life, where basic expenses are no longer as they once were.
1. Increased spending on food
Food is one of the sectors most affected by rising prices, with increased prices of:
• Bread
• Vegetables and fruits
• Meats and poultry
• which has led many families to:
• Reduce quantities
• Substitute some items with lower quality ones
• Rely on offers and discounts
2. Pressure on housing and service costs
Among the most notable effects of rising prices in Jordan are:
• Rising rents
• Increased electricity and water bills
• Higher costs of internet and telecommunications
This has forced some families to move to less expensive areas or reduce their consumption of basic services.
