Central bank: no rise in housing prices to the level of inflation in Iraq nearly developed countries
Central bank: no rise in housing prices to the level of inflation in Iraq nearly developed countries
Saturday, August 25, 2012
BAGHDAD – babysit – said the Iraqi Central Bank reduced the annual inflation rate in Iraq from 7.6% to 5.9% in the past month of July.
The deputy governor of the Bank the appearance of Mohammed Saleh in a press statement that “not for the high price of shelter and housing in Iraq to the level of inflation in Iraq nearly levels of inflation advanced industrial countries.”
“The shelter and housing prices fall within the components of reverse figure for Iraqi consumers by 30% and does not rise to the rate Altdm in Iraq of about 2.5% to 3.5% per annum.”
“The Bank continues annual inflation as far as the monetary policy through the core inflation, which means the index of consumer prices excludes highly volatile commodities such as fruits, vegetables and local fuel prices.” Indicating “witnessing this decline in inflation rates increase as there is a tendency to go down from 6.7% to 5.9% per annum which shows that the increase in the prices are going to decline.”
100% … p / i
Source: alrayy
