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Inflation rate goes higher by 0.6% in April 2017

Inflation rate goes higher by 0.6% in April 2017
Inflation indices of Iraq have raised by 0.6% during the month of April compared to the preceding month, as revealed by Iraqi government.

Spokesperson of the Iraqi Planning Ministry Abdul-Zahra al-Hindaw attributed the increase in a rise in food and non-alcoholic beverages prices by 2.2%, besides 0.4% and 0.1% in housing and tobacco prices respectively.

The report was based on a survey that, for the first time since June 2014, covered Salahuddin province, but excluded Nineveh and Anbar due to the security situation there. The consumer prices index rose by 105.1% during April compared to 2012, according to the spokesperson.

The planning ministry stated that poverty rates at the whole of Iraq stood at 30%, making more than 41% at terrorism-hit areas.
Updated 27 May 2017 | Soruce: Iraqi News | By S.Seal
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