Iraqi annual inflation index rose by 5%

[rockhound60]

Aswat Al Iraq / Economy , Baghdad

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Iraqi annual inflation index rose by 5%

12/18/2011 6:56 PM

BAGHDAD / Aswat al-Iraq: Iraqi Statistics Department at the Ministry of Planning disclosed today that annual inflation index rose by 5% for the period November 2010 till November 2011, pointing that the monthly inflation was increased by 0.1%.

The report, copy received by Aswat al-Iraq, concentrated on the commodities and services for consumption, taking samples from different provinces, based on 2007 prices.

The commodities concentrated on foodstuffs, beverages, clothes, shoes, housing, fuels (benzene, gasoline), household appliances, health materials, transportation, communications, culture, education, restaurants and diversified services.

RM (TP)/SR

http://en.aswataliraq.info/(S(utkak1aquw55dy45s03kwj55))/Default1.aspx?page=article_page&id=146076&l=1

[Abarvets]

Aswat Al Iraq / Economy , Baghdad

--------------------------------------------------------------------------------

Iraqi annual inflation index rose by 5%

12/18/2011 6:56 PM

BAGHDAD / Aswat al-Iraq: Iraqi Statistics Department at the Ministry of Planning disclosed today that annual inflation index rose by 5% for the period November 2010 till November 2011, pointing that the monthly inflation was increased by 0.1%.

The report, copy received by Aswat al-Iraq, concentrated on the commodities and services for consumption, taking samples from different provinces, based on 2007 prices.

The commodities concentrated on foodstuffs, beverages, clothes, shoes, housing, fuels (benzene, gasoline), household appliances, health materials, transportation, communications, culture, education, restaurants and diversified services.

RM (TP)/SR

So if it rose by 5% and it was at 7% that would make it 12% now. Weren't we told they would not let it rise over 10% or am I remembering incorrectly?

http://en.aswataliraq.info/(S(utkak1aquw55dy45s03kwj55))/Default1.aspx?page=article_page&id=146076&l=1

[Carrello]

"...annual inflation index rose by 5% for the period November 2010 till November 2011, pointing that the monthly inflation was increased by 0.1%...."

[MrDinarman]

Let's not forget inflation was at 65% as recently as 2006

[Abarvets]

"...annual inflation index rose by 5% for the period November 2010 till November 2011, pointing that the monthly inflation was increased by 0.1%...."

Thank you for the correction. Need to call it a night when I miss that. With that I bid you all a good night!

[Carrello]

Thank you for the correction. Need to call it a night when I miss that. With that I bid you all a good night!

Please think of it as additional info, not a correction. The only reason I caught it was because I had worked a little on this earlier in the day on another post.

Good night!

Edited December 19, 2011 by Carrello

[Alex38]

So they RV'd???

[Carrello]

So they RV'd???

YES! You missed it.