Planning announces lower inflation rate for October
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    Planning announces lower inflation rate for October



    Planning announces lower inflation rate for October




    November 20, 2017

    Baghdad - Journal News

    The Ministry of Planning announced on Monday that the rate of inflation for the month of October by (0.6% ؜).

    "The rate of inflation for the month of October fell by (0.6% ؜) compared with the month of September," the ministry's spokesman Abdul-Zahra al-Hindawi said in a statement received by the Journal News.

    "The reasons for the decline were the decrease in prices of food and non-alcoholic beverages by (0.1% ؜) and decrease. The prices of clothing and footwear by (0.2% ؜) and the decrease in the prices of the housing section by (1.8% ؜), as well as the low prices of entertainment and culture by (1.7% ؜) and the restaurant section by (0.1% ؜) And miscellaneous goods and services by (0.5% ؜) ".

    "The annual inflation rate during the month of October rose to (0.1% ؜) compared with the same month of 2016," he said, adding that "the base inflation index decreased by (0.7%) ؜ in the month of October The first compared to September. "

    The spokesman pointed out, "high inflation by (1.1% ؜) compared with the same month of 2016."

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    Last edited by MadDScout; 11-20-2017 at 05:37 PM.



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