Planning announces high inflation rates in Iraq increased by 5.7%

[yota691]

Planning announces high inflation rates in Iraq increased by 5.7%

Tuesday, March 13 / March 2012 13:58

[baghdad - where]

Announced Aljhz Central Bureau of Statistics in the Ministry of Planning for high rates of annual inflation in Iraq by 5.7% from February 2011 to February 2012 past the past.

According to a ministry statement received by all of Iraq [where] a copy of it today, that "the high rate of inflation was the result of rising real estate prices increased by 8.7% in one year only."

Conflict and inflation rates are advertised in Iraq between what is announced by the Central Agency for Statistics and Information Technology at the Ministry of Planning and Central Bank of Iraq and touches the average citizen on the ground. Ended http://translate.google.com/translate?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alliraqnews.com/index.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D30922:-57%26catid%3D37:2011-04-08-17-25-57%26Itemid%3D56

[NB2D]

Let the inflation rise. The more the dinar inflates, the sooner CBI will have to issue RV per their own statement last week. Good short read Yot!

[SocalDinar]

5.7 % is low IMO

Probably closer to 7% IMO

GO SHABS!

[Abarvets]

Love that inflation!!!! Another great one Yota!

[unirod]

Real estate has to increase so appraisels can be set higher. This is a must for bank loans to be legitamized for housing or commercial projects. You have Oil, Gold, Infrastructure, etc, all parts of a currency valuation for Iraq.