Iraq Inflation Decreases.

[Luigi1]

Here's an article of Dinarian interests...

Iraq inflation decreases.

Could poverty & the lack of jobs have anything to do with it?

Who has any money to spend?

Treat as a rumor.  Not verified.  Your opine.

 

 

Tlm724 Administrator Bondlady’s Corner:    Planning Announces The Decline In The Inflation Rate Last July.

ARTICLE: The Ministry of Planning announced a decrease in the inflation rate during the month of July, by (0.6%), compared to what it was in the month of June that preceded it.  

 

The official spokesman for the ministry, Abdul Zahra Al-Hindawi, said in a statement, a copy of which a news agency received, that “the Central Statistical Organization recorded a decline in the inflation rate during the month of July, by (0.6%), compared to what it was in the month of June that preceded it.” “.

 

He added, “The decrease in the inflation rate was affected by the decrease in the prices of the food & non-alcoholic beverages section, by (0.2%).”  

 

He pointed out that the prices of milk, cheese & eggs decreased by (1.6%), while the prices of vegetables decreased by (1.5%), oils & fats decreased by (1.6%), while the prices of fish & non-alcoholic beverages decreased by (0.5%). & (0.4%), respectively.

 

He pointed out that “the sections of tobacco, clothing, shoes, supplies & equipment, health, transportation, education, restaurants & miscellaneous goods & services recorded a slight increase in their prices during the month of July, ranging between (0.1%) and (0.6%), with the exception of the housing section, which recorded an increase by (2.2%). %), while the prices of the entertainment department decreased by (0.1%).  

 

Regarding the annual inflation, Al-Hindawi stated that it “increased by (3.5%) in July this year, compared to what it was in the same month of last year 2022.”  

 

He explained that “the Central Statistical Organization updated the entire food basket during the month of June, in addition to updating the prices of phones, computers & cars,” noting that “the sample that is being monitored in the markets includes all goods and services, the number of which is (333) goods & services, with an average rate of The monthly expenditure on it is 88% of the total per capita expenditure.