Jordan’s Department of Statistics (DoS), in a report released on 21 September, said the industrial Producer Price Index (PPI) increased 2.06% in the first seven months of 2026 compared with the same period last year. The index for July itself was 3.93% above July 2025 and 1.07% lower than in June 2026. These are not three ways to state one movement: one is the annual change in the seven-month period, one compares July with July a year earlier, and one measures July against the preceding month.

The PPI tracks changes in prices received by industrial producers for their products. It is distinct from the consumer price index and from a factory’s full set of costs. Whether and when a producer-price movement reaches retail prices depends on factors such as contracts among producers, wholesalers and retailers, inventories, taxes and other costs. The 3.93% producer-price increase therefore cannot be read directly as consumer inflation.

Annual and monthly rates can move in different directions. July’s index can be above the same month last year while below June, because the annual comparison uses July 2025 as its base and the monthly comparison uses June 2026. The cumulative first-seven-month rate is also different from the rate for one month. Collapsing these rates into one growth number would discard the time window and the prices the index covers.

The DoS announcement gives headline results for the overall index. Its short summary does not list detailed contributions by industrial activity, the survey’s full coverage or seasonal adjustment. The figures therefore do not by themselves show which product or industrial branch drove the movement. A producer-price change is also not a change in production volume or sales revenue. Price and quantity indicators must remain separate: higher prices do not mean more goods were produced.

The release provides a starting point for following industrial price pressures over time. Analysts can track July’s annual increase, its monthly decrease and the year-to-date cumulative rate as separate series and compare them with subsequent DoS releases. The report does not forecast future prices or measure pass-through from producer prices to consumers. The rates are observed period comparisons reported by DoS. Keeping each rate attached to its reference month or period helps avoid describing a monthly decline as an annual fall, or presenting the seven-month average as July’s rate.