Published 29/08/2012 09:36 AM

Babinaoz – Agencies: approved by the Central Bureau of Statistics of the Ministry of Planning, the arrival of inflation base in Iraq to record levels, reaching 140.7 percent registered an increase of 5.9 compared to last year.

The newspaper said (life) of London that “saw annual inflation indicators, compared to last year, a clear rise of 5.9 percent, as a result of rising housing prices in different areas of Iraq at 10 percent, compounded by high housing rents by 13 percent.”

Iraq has suffered several economic problems, according to the Ministry of Planning exceed the number of poor people in Iraq 8 million, while the unemployment rate is 18 percent, while the country is ranked third in the world in the rates of the most corrupt countries.

The report focused on the dramatic rise of the housing sector, as witnessed the sale of real estate and purchased a large increase of 9.6 percent, as recorded rents residential buildings grew by 13.2 percent. Did not exclude the energy sector, where increased rates rise to 1.1 percent.

The report also stressed the high inflation rates in the sectors of furniture and health services at a rate of 5.6 percent, as well as transport and communications sector, education, services and restaurants in different proportions.

The Central Bank of Iraq announced that he was forced to transfer more than $ 45 billion last year to settle the import requirements of the private and public sectors, mostly to import food commodities and various services and goods. :