High inflation rate (0.6%) in Iraq
Economy News _ Baghdad:
Last updated 05/23/2017
- 14:07
The Ministry of Planning announced on Tuesday that high inflation for the month of April, the index increased by (0.6) compared with the month of March the previous year the ministry attributed to the high prices of food department and non-alcoholic beverages increased by (2.2%) and the Department of Housing by (0.4%) and tobacco section by ( 0.1%), Ahartaly high annual rate of inflation during the month compared with the same month in 2016 (1%)

According to the official spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said in a statement, "Economy News" received a copy of it, the Central Bureau of Statistics completed a report price indices Almstlk for the month of April 2017 the adoption of the 2012-year basis for the calculation instead of the year 2007 being the year that saw the implementation of social and economic survey of the family in Iraq a representative of changes in the standard of living of the family and the structure of domestic consumer spending and the economic situation in the country by about a year pointing out that the survey prices for the month of April included for the first time Salahuddin province after a hiatus since June 2014 while not coverage Mhafezt Anbar and Nineveh because of the prevailing circumstances

He said the rise of food department and beverage prices, non-alcoholic was influenced by higher prices of bread group and cereals by (0.5%) due to high rice and high vegetables group prices by prices (13%) due to higher tomato prices and rising prices of the two sets of sugar and sugar products and non-alcoholic beverages by ( 0.1% each), while meat prices and fish have seen a decline in the prices ranged between 0.7% and (1.2%), and decreased aggregates of milk, cheese, eggs, oils and fats, fruits and other food products as well as clothing and footwear prices at rates ranging between 0.7% and ( 2.5%). On the other hand I saw the prices Tobacco and housing rose at rates ranging from (0.3-0.4%).

Recorded sections of equipment and furniture, home health, transportation, communication, education, restaurants and equipment prices are a drop in other prices slightly by about rates did not exceed (0.5%) and maintained a section of entertainment and culture and miscellaneous goods and services at the level of multiples.

He attributed Hindawi high annual rate of inflation during the month of April compared with the same month of the previous year 2016 (1%) to the high prices of food department and non-alcoholic beverages increased by (0.6%) and higher tobacco section prices (6%) and the height of the housing department by ( 2.5%)

He noted that the index of consumer prices reached during the month of April (105.1%), reflecting the general level of prices rising at a rate of (5.1%) compared with 2012 revealing that the rate of inflation mainly witnessed a decline during the month of April by (0.2%), rose the same percentage as compared to the month of April 2016
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