Inflation rates in the country, up continuously due to the fluctuation of the exchange rate of the Iraqi dinar

Economist: Inflation rates in the country, up continuously due to the fluctuation of the exchange rate of the Iraqi dinar

15-07-2013 10:51 AM

Inflation rates in the country, up continuously due to the fluctuation of the exchange rate of the dinarBaghdad (news) .. Ruled economist Abbas Ghalibi, having a low inflation rates last month, indicating that the data are not considered indicators of true as far as what speculative. said Ghalibi (of the Agency news): The salaries decimal reduced by inflation not be considered standards of quality indicators real as far as what is considered speculative and discretionary. added : The rates of inflation continues to rise due to the difference of the dinar exchange rate between the period and the other toward the foreign currency as well as the policy is correct and dysfunctional in the management of the Central Bank of the new, as well as the rise witnessed in system prices, which negatively affects the inflation indicators adopted by the Ministry of Planning. He predicted Ghalibi: to rise rates of inflation in the coming months, stressing that the percentages are not true. mentioned that the Ministry of Planning and Development Cooperation, announced a reduction in the inflation index for the month of June, at a rate of 1% and a height annual rate of 2%. / End / 5. h. P /

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