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Iraqi Ministry of Planning announced inflation rate in the country

Iraqi Ministry of Planning announced inflation rate in the country

The Iraqi Ministry of Planning has announced that the annual inflation rate fell to 1.6%. The ministry issued a statement and said, “The stability of the overall record for the month of July in Iraq after maintaining the same level compared to last June reached 104.2% because of the increase and decrease in the sections of the basket”. The spokesman for the Ministry, Abdul Zahra Al-Hindawi said in a statement, “The core inflation index rose by {0.3%} from the previous…

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Iraqi Ministry of Planning announced Inflation rate

Iraqi Ministry of Planning announced Inflation rate

The Iraqi Ministry of Planning has announced the inflation rate during the month of June 2018 by 0.6% as compared to the month of May 2018. A spokesman of the ministry, Abdul-Zahra Al-Hindawi said in a press statement that the annual inflation rate has been increased by 1.7 percent as compared to the inflation rate of June 2017. The monthly inflation rate for the month of June recorded at 0.6 percent compared to the inflation rate of May. Al-Hindawi indicated…

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Ministry of Planning is Trying to Control High Inflation Rate

Ministry of Planning is Trying to Control High Inflation Rate

Iraqi Dinar 123 News:– The ministry of planning admitted that inflation rate in Iraq increased in the last 2 months to 3.2% that resulted to 5.4% annual increase in the inflation rate. The major cause behind this increase is considered the high prices of eatables in the last two months because of clashes between Iraq security forces and Sunni Militants. We saw a heavy demand for eatables because people bought excessive food to store in their homes to avoid any…

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Inflation Rate is Rising in Iraq

Inflation Rate is Rising in Iraq

Iraqi Dinar 123 News:– The inflation rate in Iraq increased in the month of May 2104 according to ministry of planning. The ministry of planning criticized the ministry of food for not taking appropriate measures to control the situation as it was prevailing because rise in the inflation is due to rise in the cost of food items in Iraq. The estimated rate of inflation increased by 1.4% in the last two months in Iraq due to increased prices of…

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