Amman: The general index of industrial producer prices in Jordan decreased by 0.58% in 2024, reaching 107.12 points compared to 107.5 in 2023, according to the Department of Statistics' monthly report released Thursday.

According to Jordan News Agency, the decline was primarily driven by a 0.69% drop in manufacturing prices, which hold a relative importance of 88.74%, and a 2.27% decrease in extractive industry prices, with a relative importance of 5.36%. In contrast, electricity prices saw an increase of 2.70%, accounting for 5.91% of the index.

In December 2024, the general index recorded a 0.98% decline, reaching 106.26 points compared to 107.32 in December 2023. This was attributed to a 0.99% decrease in manufacturing prices and a 1.83% drop in electricity prices, while extractive industry prices showed a marginal increase of 0.02%.

On a monthly basis, the index fell by 0.26% in December 2024 compared to November 2024, reflecting declines in manufacturing prices by 0.06%, extractive industry prices by 1.23%, and electricity prices by 2.34%.