Decline in the rate of inflation in Iraq by 2%

Decline in the rate of inflation in Iraq by 2%

18/07/2012 14:22

Erbil, July 18 (Rn) – Iraq announced Wednesday fell again in the indicators of inflation in the month of June, compared with the month of May the previous year. The main reason the decline of inflation to the continuing decline in food prices in the whole of Iraq. The Iraqi Ministry of Planning in a statement that the inflation index fell by 2% during the month of June compared to May. saw the May decline by 1.3% compared to April.  and prices of food, especially vegetables and fruit by 4.6% during the month of June last.  saw signs the annual inflation for the period from June 2011 until June 2012 increased by 5.8%. and register the food and non-alcoholic beverages declined during the month of June 2012 to lower their prices in the Kurdistan region. as the prices section of alcoholic beverages and tobacco rose this month, a rate of 1.0% compared to the previous month due to higher prices in the center and south . and stabilized prices in the Kurdistan region. and core inflation excludes fuel prices. Murtaza Yousuf

Source: aknews