Planning: Iraq’s inflation stable at 2.5%
Planning: Iraq’s inflation stable at 2.5%, thanks to the performance of the central bank and monetary policy
Range Press / Baghdad
Central Bureau of Statistics, on Friday, for the stability of the annual inflation rates in Iraq over the past three years at a rate of 2.5 percent, attributing this to the performance of key institutions, including the central bank and monetary policy, which it supports.
The director of the Central Bureau of Statistics and Information Technology, Deputy Minister of Planning and Development Cooperation, Mahdi Keywords, in an interview to (range Press), “The inflation rate in Iraq has seen in the last nine months of 2013, the current, stable with a slight increase too.”
Keywords added, that “inflation in Iraq during the past three years did not increase the proportion of 2.5 percent”, returned to those “reasonable rates for Iraq, especially that they have not experienced any boom in the current year 2013.”
He attributed the Undersecretary of the Ministry of Planning, “stability in inflation to the performance of key institutions, including the central bank and monetary policy adopted by,” noting that “inflation rates for September the current witnessed stable fully compared to the door of the past, and the same month of 2012 the past where it was average 2.1 percent” .
The Ministry of Planning and Development Cooperation announced (15 September 2013 present), for a slight rise in the inflation index in Iraq in August last, by 0.4 percent, compared to prices last July, and showed that the annual inflation rate for the period from August 2012 until the same month of the year 2013 current, stable saw an average of 0.1 percent.