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Iraq marks a relative rise in the monthly and annual inflation

The Ministry of Planning announced in Wednesday, rising inflation for March index with percentage (0.4%), an annually rise by (2.2%) while confirming that three Iraqi provinces were not included because of the security situation witnessed in those provinces.
The ministry's spokesman , Abdul Zahra al-Hindawi said in an interview received by Shafaq News that , The Central Bureau of Statistics of the Ministry completed the inflation report for June 2015 on the basis of field data collection on the prices of goods and services components of the consumer basket from a selected sample of outlets in all governorates of Iraq noting that these rates calculate goods , services food, rent, transportation, communications, health, education and others, which the consumer use.

He explained that the monthly inflation index for June rose by 04%, indicating that the annual inflation index during June compared to the same month of 2014 rose by 2.2%.

He noted that the rise was influenced by a rise in housing prices by 4%, and rising food section prices and non-alcoholic beverages at a rate of (0.9%) in June 2015 compared with the same month last year, pointing that the survey which was conducted during last June did not include three Iraqi provinces because of the security situation in those provinces.

He also explained that the provinces not covered by the survey included the Nineveh, Salahuddin and Anbar, pointing out that the inflation index base rose during June at a rate of 0.4% in May compared with the previous month and by 2.1% for June 2014.
Updated 23 Jul 2015 | Soruce: Zawya |
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