
Jordan: Agricultural producer prices increase 11% in 5 months
According to the department's monthly report, the index showed a rise in the prices of several crops compared with the same period in 2024, the Jordan News Agency, Petra, reported.
The crops whose prices increased inlcude hot peppers, green sweet peppers and coloured sweet peppers, which together accounted for a "relative" importance of 48.3 per cent.
In contrast, the index showed a decline in the prices of crops such as potatoes, eggplants and tomatoes, with a combined "relative" importance of 51.7 per cent.
The index for in May alone reached 145.1 points, compared with 122.6 points in May 2024, marking an increase of 18.3 per cent.
On a monthly basis, the May index also rose compared with the same month in 2024.
This increase is primarily attributed to the rising prices of crops such as white cabbage, lemons and freshly harvested green chickpeas, which combined accounted for 66.5 per cent of the relative importance of crops with increasing prices.
Compared with the previous April, the May index increased from 119.9 to 145.1 points, recording a rise of 20.9 per cent.
© Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The National
25 minutes ago
- The National
Sheikh Mohammed bin Rashid celebrates 76th birthday
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, was celebrating his 76th birthday on Tuesday. Sheikh Mohammed, who is also Prime Minister, has played a critical role in the rise of Dubai and the UAE on the international stage during a life dedicated to public service. Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, paid homage to his father with a selection of photographs on his Instagram page. Sheikha Latifa bint Mohammed, chairwoman of Dubai Culture, shared her love, describing her father as the 'best dad anyone could ever wish for' and adding that he is her 'source of pride and inspiration'. Sheikh Maktoum bin Mohammed, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, also sent birthday wishes. 'To the one who turned dreams into reality and reality into a legend told for generations,' he wrote on X. 'We celebrate your years filled with achievements, and the glory you embody. Happy birthday, you are the heart of the nation.' Impressive legacy Sheikh Mohammed was born on July 15, 1949, and raised in the Al Maktoum family home in Shindagha on the banks of Dubai Creek. He was tutored privately in Arabic and Islamic studies from the age of four and began formal education two years later. He later trained at Mons Officer Cadet School in Aldershot in the UK, which is now part of the Royal Military Academy Sandhurst. There he emerged as the top Commonwealth student before going to Italy to train as a pilot. In 1968, aged 19, he became the world's youngest defence minister and was appointed the head of Dubai Police and Public Security force. He became the nation's first Minister of Defence in 1971 after the formation of the UAE, a crucial role now being carried out by his son, Sheikh Hamdan. While a significant part of his development took place under the tutelage of academics and military officials overseas, the wisdom and inspiration provided by his father, Sheikh Rashid bin Saeed, in the Emirates was vital. Sheikh Rashid died in October 1990 and was succeeded by his eldest son, Sheikh Maktoum bin Rashid, with Sheikh Mohammed appointed Crown Prince in 1995. Sheikh Mohammed became Ruler of Dubai in 2006 after the unexpected death of Sheikh Maktoum during a visit to Australia.


Gulf Business
26 minutes ago
- Gulf Business
Emerging market debt set for growth amid global shifts, policy divergence
Image: Supplied While emerging markets (EM) debt was negatively impacted by the April 2 maximalist tariff announcements, after the delay in implementation and some backtracking, the asset class was able to bounce back. Of note, there was differentiation between sectors, with hedged local rates and EM foreign exchange outperforming other fixed income assets. Notably, the decline in the US dollar, as the broader market adjusted its outlook on US economic dominance, created opportunities in both emerging and developed markets. While there's been no major shift away from the US dollar and US assets yet, early signs suggest future investments could increasingly flow toward non- US developed and emerging markets. Recent events in the Middle East highlight how the market has compartmentalised geopolitical and other global macro uncertainties. While a worst-case scenario did not materialise, the markets did not sell off, even before the 'cease-fire'. That is not to say that we should not incorporate tail risks, but to recognise that the current market context favors bottom-up carry opportunities. There will be performance differences across sectors and issuers, depending on how each is fundamentally impacted or able to adapt. The attractiveness of EM debt is currently underpinned by meaningful structural and cyclical shifts emanating from policy and growth dynamics in both the US and across emerging markets. Global growth appears to be moving from US-led dominance to a more balanced global landscape. While the US continues a phase of meaningful fiscal profligacy, trade protectionism and monetary policies, inflation in the market remains sticker than the rest of the world. In contrast, EMs are benefiting from increasing growth differentials as US policy is producing a larger drag on the US than the rest of the world. While growth expectations have been lowered across the globe, there are reasons to believe US growth will slow more meaningfully than EM. Emerging market fundamentals remain relatively resilient EM fundamentals have remained relatively resilient, outperforming developed market counterparts recently. While fiscal deficits remain negative, 12-month rolling fiscal deficits are showing improvement in many countries, keeping public debt trajectories stable and driving credit upgrades across numerous EM sovereigns. A weaker US dollar would naturally reduce debt-GDP ratios across EM sovereigns and create a more favorable external environment. EM central bank policy trajectory also remains supportive as EM central banks, having front-loaded rate hikes post-Covid, are making gains in inflation and have less concerns for their currencies — with room to ease — supporting domestic demand. EM spreads are at the tighter end of the range, with broad dispersion persisting between credit rating categories. The attraction of hard currency EM assets is the attractive yield/carry opportunities and relative value compared to other credit markets, as well as the ability to identify winners and losers given the global macro context and country specific fundamentals. Even in the second quarter, EM high yield sovereigns did quite well. In a fragmented global landscape, hard currency EM debt offers a rare combination of yield, diversification and macro resilience. With US policy uncertainty rising and global capital flows shifting, the potential for EM outperformance should make this an opportune time to reassess strategic allocations and consider increasing exposure to this under-owned asset class. EM rates have scope to do well amid slowing growth, reasonably behaved FX and balance of power, though a spike in oil prices could curtail rate cuts in the short term. During the second quarter, nearly every EM currency strengthened against the US dollar, despite higher US yields driven by increasing real yields. Looking ahead, a weaker but mixed dollar trend could offer plenty of relative value opportunities. Weakening dollar Why expect a The EU, led by Germany, may see better relative growth momentum than the US as slow-moving fiscal measures take effect. And finally, China's economic backdrop appears stable, which should keep volatility low and support higher beta cyclical currencies. Clear headwinds persist, including uncertainty regarding the timing and impact of the trade war, US-China trade relations and a possible re-escalation of events in the Middle East. However, the re-mapping of the world order also presents opportunities. Technicals remain relatively supportive for the asset class as dedicated investors are 'light-risk' in general, and crossover investors may be attracted to the appeal of the yield and diversification. The writer is the head of PGIM's fixed income emerging markets debt team. These materials represent the views, opinions and recommendations of the author(s) regarding the economic conditions, asset classes, securities, issuers or financial instruments referenced herein, and are subject to change without notice. Certain information contained herein has been obtained from sources that PGIM believes to be reliable; however, PGIM cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed.


Khaleej Times
30 minutes ago
- Khaleej Times
Titan Eye+ to offer free eye-screenings to students at 10 GEMS Education schools
Titan Eye+, a leading eyewear and vision care brand by TATA group, is expanding its collaboration with GEMS Rewards, the rewards programme of GEMS Education, the UAE's largest private school network. The initiative aims to promote the importance of eye health and encourage a culture of regular eye check-ups within school communities. Building on the success of a recent pilot programme that involved a seven-day free eye-screening camp at two GEMS schools, Titan Eye+ is now growing the initiative to benefit a total of 10 schools. The campaign aims to raise awareness about the importance of preventive eye check-ups, while highlighting the crucial role healthy vision plays in academic success, daily life, and long-term health. It underscores the long-standing commitment of Titan Eye+ to community well-being and to providing accessible eye care and promoting the importance of preventive vision health. Emphasising on the need for early intervention, Kuruvilla Markose, CEO of International Business at Titan Company, mentioned: "During the pilot programme, our screenings revealed that around 33 percent of students required vision correction or consultation. These students showed changes in their vision without even realising the need for corrective action. Many reported symptoms of eye fatigue caused by prolonged screen time, and some were found to have complex vision issues. We were able to address these issues through our campaign where each student received a personalised consultation, and tailored vision solutions to ensure they got the care and clarity they deserve. For us, that was the real impact; making a tangible difference in how we approach preventive eye care." "Our collaboration with GEMS Rewards stems from a shared commitment to community well-being through awareness. By integrating eye health education into the school environment, we are fostering a culture of care that extends well beyond the classroom. Through this ongoing collaboration, Titan Eye+ aims to make vision care an accessible and essential part of daily life, not just for students but for the wider community of teachers and parents alike," Markose added. Vinod Murali, operations manager – GEMS Rewards, said: "We are delighted to collaborate with Titan Eye+ to offer free eye-screenings to our students. GEMS Rewards aims to bring added value for our GEMS community, and by expanding this worthwhile initiative, we hope to do just that." The second phase of the collaboration will offer comprehensive eye-screening and personalised consultations to the students and faculties of 10 GEMS schools. To make this initiative meaningful for students, Titan Eye+ has designed interactive activities and engaging formats that turn a routine eye check-up into an educational experience. From gamified screenings to hands-on learning about eye health, the programme encourages students to take vision care seriously and understand its importance in daily life, both inside and outside the classroom. For parents, the campaign offers valuable take-home eye care kits, which include simplified prescriptions, educational resources on children's eye health, and tips for reducing digital eye strain, helping families make informed choices about their child's eye health. The expanded programme will continue to offer interactive and educational eye care experiences within the schools, aiming to instil the importance of eye health from a young age. Titan Eye+ aims to foster a strong, informed community that not only values eye health but also empowers individuals to prioritise regular vision care for improved academic performance, overall well-being, and a lifelong commitment to health.