Jordan's inflation rate fell to 0.11% in June



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Jordan's inflation rate fell to 0.11% in June

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Jordan's inflation rate fell to 0.11% in June, according to data from the United States Department of Foreign Affairs. Jordanian statistics yesterday. Compared to 0.52% the previous month

The government expects inflation in the Kingdom to reach 1.5% this year.

Data from the Central Bank of Jordan showed that total loans from banks to the private sector increased by 3.7% to 23.08 billion dinars ($ 32.5 billion), against 22.24 billion at the end of 2017.

Credit facilities for the private sector accounted for 90% of the 25 commercial banks in the Kingdom of 25.63 billion dinars

The data revealed that bank deposits increased by 2% in during the first five months of the year to 33.865 billion dinars (47.76 billion dollars) compared to the end of 2017.

Deposits of Jordanian banks amounted to 33.19 billion dinars at the end of last year. (USD = 0.709 JD)

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