Low annual inflation rate (6.1%) in Iraq


March 6, 2016 18:06
Number of readers: 9


Planning Ministry announced on Sunday that the decline of inflation indices during the month of January last rate (0.6%), while the annual inflation rate is seen another decline in the month compared with the same month of the previous year 2015 (1.6%).

The spokesman said the ministry Abdul-Zahra al-Hindawi said in a press release, that the reason for decline in the monthly inflation index was influenced by lower indices for a number of departments, including the food and beverage department non-alcoholic beverages by (3%) and the Department of Transportation by (0.9%), and the Department of Communication (0.2%) , recreation and culture department by (5.3%), adding either low annual inflation, which reached index (104.8%), down by 1.6% compared to the January month of 2015 was (106.5%). Has came because of the low section of food and beverage prices is alcoholic beverages by (3%) to contribute by (151.0%) in the monthly rate of change
He said the changes in the annual inflation indicators also resulted from a decrease in vegetable group rate (10.5%) from the previous month due to lower tomato prices by (26.5%) and potato prices by (14.7%), as well as a decrease in fruit set prices by (4.7%) from the previous month due to lower prices of apples by (17.0%) and orange prices by (13.8%) .. stressing decline set fish prices by (3.6%) from the previous month due to lower fresh fish prices (Karp attributes) by (3.6%) and fish frozen by (4.0%).
Hindawi pointed out that the meat group also saw a decrease of 1.3% from the previous month due to lower fresh lamb prices by (1.2%), beef fresh rate (1.0%), and frozen chicken (1.6%) .oankhvad oils and fats by (0.8%) from the previous month due to lower commercial vegetable oil prices by (2.3%) experienced a .binma milk, cheese and eggs group a rise in prices by (1.4%) from the previous month due to higher egg prices by (6.2%).
He pointed to the Department of clothing and footwear section prices recorded a rise of 0.8% to contribute by (8.5%) in the monthly rate of change due to the high standard figures for a clothing materials by (1.9%) and housing department increased amount (1.1%) to contribute by (50.1 %) in the monthly rate of change due to the high standard figures for a water and electricity supply increased by 5.8% ..
So said the official spokesman for the Ministry of Planning and the food and beverage prices, non-alcoholic beverages recorded a decrease of (1.6%) to contribute by (47.4%) in the annual rate of change and this decrease resulted from the decline of meat set prices by (0.5%) .oankhvad fish set by ( 16.4%) ..fima tobacco division increased by log (11.3%) to contribute by (7.1%) in the annual rate of change .osgel clothing and footwear division a decrease of (8.2%) to contribute by (60.2%) in the annual rate of change due to the low range clothing increased by 7.5% and footwear by group (11.2%).
He added that the Department of Housing, water, electricity, gas and fuel prices recorded a rise of 3.4% to contribute by (96.5%) in the annual rate of change due to the high range water supply and electricity prices by 27% and set the maintenance and services of housing increased by 12.8% .oankhvad prices Department equipment, household equipment and maintenance by (2.3%) to contribute by (15.7%) in the annual change due to lower furniture set the prices and equipment by (6.0%), and record the health department an increase of (3.6%) to contribute by (16.6%) in the annual change as CTO record registered a decline of (9.2%) to contribute by (147.4%) in the annual change.
He concluded by saying that inflation Hindawi foundation index fell by 0.1% from the previous month and fell by 1.8% for the month of January 2015 .. Indicating that the price survey did not include the provinces of Anbar, Nineveh and Salahuddin to the difficulty of implementing the survey prices because of the security situation in.

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