Planning Announces high inflation rate for the second and annual

Planning Announces high inflation rate for the second and annual

2019/3/3 9:48

Planning Announces high inflation rate for the second and annual(Baghdad: Al-Furat News) The Ministry of Planning announced on Sunday, a slight increase in the annual inflation rate during the period from January 2018 to January of this year (0.4%), while the rate of inflation during the month of January last Up by 0.6 percent compared to December
The official spokesman of the Ministry of Planning Abdul-Zahra al-Hindawi said in a statement received by the agency {Euphrates News} a copy of it, “The high annual inflation rate was affected by the rise of food and non-alcoholic beverages by (2%)} compared to the decline of the housing section by (1.8%), Tobacco, clothing and footwear, household appliances, communications, restaurants, hotels, and miscellaneous goods and services decreased from {0.1%} to {1.8%}.
“The health, transportation, entertainment, culture and education sectors have increased between {2.4%} and {9.3%}.”
He attributed the monthly rise in inflation to “the rise of food and non-alcoholic beverages by (0.2%), as well as the increase of the housing section by (0.5%), and the rest of the sections during the last month compared to the month of December of 2018 by (0.3% } For household equipment, health, restaurants and hotels by {0.1} each, transportation {1.2}, {1.3%} and miscellaneous goods and services by {0.8%}.
He pointed out that “the base inflation index rose during the last month by (0.4%) for the month of December,” which ended

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