Planning announces 7% rise in annual inflation index for the month of August

Planning announces 7% rise in annual inflation index for the month of August
Babylonian News / Baghdad

am 11:10 Tuesday, 11/9/2012

The Ministry of Planning and Development Cooperation of Iraq, Tuesday, for the high annual inflation index in Iraq during the month of August by 7%, attributed the reason to the high rents for residential units and education across the country which led to the affected inflation so high, as pointed out that the rate of Monthly inflation for the past month rose is the other for up to 2.8%.

said ministry spokesman Abdul Zahra al-Hindawi, “The Central Bureau of Statistics of the Ministry of Planning completed the inflation report for the month of August, on the basis of field data collection for prices of goods and services components of the consumer basket of sample selection of outlets in all governorates of Iraq, “noting that” these rates are calculated from the goods and services which include food, rent, transport and communications, health, education and other than يقتنيه consumer. ”

Hindawi said that “indicators of annual inflation for the period from August 2011 until August of the year Current 2012 had risen by 7%, “adding that” the high annual inflation due to rising prices Department of Housing rate of 10% compared to prices in the month of August 2011 due to rising rents homes fell 13.2%. ”

He Hindawi that “inflation indicators for the month of August rose to 2.8% compared to July last because affected rising food prices and non-alcoholic beverages, especially prices of vegetables and fruits, which rose up to about 8%. ”

He Hindawi that “section sub-fuel (gasoline, oil and gas) saw their prices rise during the month of August 2012 rate of 5.7% compared to the previous month due to higher prices of liquid gas and as a result of higher prices in the Kurdistan region by 2.8% in the central region by 8.7% in the South by 5.5%, while the prices of this group rose by 5.2% compared to prices in the month of August 2011 ” .

and The Ministry of Planning has, in the month of August last, rising inflation index for the month of July in Iraq by 0.3 percent also showed high annual inflation for the month of July in 2012 and by 5.7 percent compared to July 2011.

announced device Center for Statistics and Information Technology, through December second last 2012, it will begin using mechanization in the collection of various prices and times specified time, rather than paper form applicable earlier, emphasizing that it will contribute to the speed of price collection and accuracy, correct calculation in case of errors.

mentions that the Central Organization for Statistics and Information Technology, specialized Operations Statistics different nationwide, and most important work to do censuses General Population and Housing, and do statistical operations on all areas (agricultural, industrial and other), in addition to the collection, consolidation and preparation, analysis and summarize the results of statistical operations in whole or in part.
Source: albabelyia