Academy: rising inflation caused by the fluctuation of the U.S. dollar exchange rates
Academy: rising inflation caused by the fluctuation of the U.S. dollar exchange rates
May 15, 2013
Planning announces indicators for the month of April
He attributed the academic Abdul Sattar al-Bayati, the reasons for the high inflation in the month of April to the high price of the dollar compared to the Iraqi dinar. Said in a statement the “morning”: that fiscal and monetary policies adopted today is the other contributed to this volatility in Prices for pointing out that the repercussions of the recent central bank generally affected the economy, suggesting that the financial crises experienced by neighboring countries are other relevant effect on the Iraqi economy. , the Ministry of Planning has announced yesterday for a slight rise closer to the stability of the indicators of inflation for the month of April compared with the previous month of March so that the percentage of 1 percent rise in annual inflation witnessed a rise of 2.5 percent. ministry explained that the Central Bureau of Statistics completed the inflation report for the month April 2013 which was prepared on the basis of field data collection “on the prices of goods and services components of the consumer basket of selected sample of sales outlets in all governorates of Iraq, indicating that the general index of consumer prices reached (144.1 percent ) in the month of April 2013, recording an increase by 1.1 percent for Alshahralsabak, at a rate of 1.2 percent compared with April 2012 statement noted that the inflation indicators summarized in the Department of Housing prices rise during the month at a rate of 0.6 percent compared to the previous month, due to higher prices in the Kurdistan region by 1.0 percent in the central region at a rate of 0.5 percent in the South by 0.7 percent. prices of this section increased by 3.9 percent compared to prices in the month of April 2012 due to high rents for residential buildings at a 5.7 percent rate. either subgroup fuel (gasoline, oil and gas, has recorded their prices rise during the month of April 2013 rate of 0.7 percent compared to the previous month, due to higher prices in the Kurdistan region by 2.9 percent in the central region by 1.0 percent, while decreased in the South by a slight 0.2 percent. prices of this group rose by 0.6 percent compared to prices in the month of April 2012. The indicators indices of consumer prices at the district level in the Kurdistan region recorded prices in the month of April 2013 compared to the previous month increased by 0.4 percent due to higher prices of food and non-alcoholic beverages by 0.4 percent, prices Alcoholic beverages and tobacco by 1.1 percent, prices of housing, water, electricity and gas rate of 1.0 percent, prices of equipment, household equipment and maintenance rate of 1.5 percent, prices of transport by 1.4 percent, prices of education by 0.8 percent, prices of restaurants rate of 2.5 percent. while the central region prices recorded in the month of April 2013 compared to the previous month increased by 1.2 percent due to higher prices of food and non-alcoholic beverages by 2.6 percent, prices of alcoholic beverages and tobacco by 0.3 percent, prices of clothing and footwear at a slight rate of 0.2 percent, prices of housing, water, electricity and gas at a rate of 0.5 percent, prices of health by 3.0 percent, prices of transport at a rate of 0.6 percent, prices of education at a slight rate 0.1 percent, prices of restaurants at a rate of 0.6 percent. either the South has recorded prices in the month of April 2013 compared to the previous month increased by 1.3 percent due to higher prices of food and non-alcoholic beverages at a rate of 3.6 percent, prices of alcoholic beverages and tobacco by 1.1 percent, prices of housing, water, electricity and gas by 0.7 percent, prices of equipment, household equipment and maintenance at a slight rate of 0.1 percent, prices of health by 0.9 percent, prices of education by 0.5 percent, prices of restaurants a rate of 0.6 percent.
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