Central Bureau of Statistics reveals high rates of annual inflation in Iraq
13/03/2012 11:25

Erbil, March 13 / March (Rn) - The Central Bureau of Statistics of the Ministry of Planning of Iraq on Tuesday, the high indicators of annual inflation for the period of the month of February of last year 2011 until February 2012 rate (5.7%) said a press release issued by the Information Office of the Ministry of Planning , received by the Kurdish news agency (Rn) a copy of it today that "inflation index for the month of February saw a slight increase (0.7%) compared with the month of January." The statement that "the reasons for the high annual inflation index was the result of high prices, the housing sector by (8.7%) during the period from February 2011 until February 2012. " and "The Central Bureau of Statistics completed the inflation report for the month of February 2012 which was prepared on the basis of field data collection, on the prices of goods and services comprising the consumer basket of a selected sample of outlets in all provinces Iraq has adopted a base year. " The statement noted that "the results showed that the general index of consumer prices amounted to (138.4%) in the month of February 2012, recording an increase by 0.7% from Alshahralsabak at a rate of 5.7% compared with February 2011." Open: Wafa Zangana