Planning announces the stability of the base inflation for the month of March at 143.0%
Planning announces the stability of the base inflation for the month of March at 143.0%
4/17/13
The Ministry of Planning and Development Cooperation, Sunday, for the stability of the base inflation rate of 143.0% for the month of March, as indicated to rise annually by 3.2% compared to the base annual inflation for the month of February of the year 2012.
He said ministry spokesman Abdul Zahra al-Hindawi said in an interview for “Alsumaria News”, “inflation basis for the month of March last year witnessed stable rate of 143.0% compared to last February, while increased annually by 3.2% compared to inflation annual basis for the month of March of 2012.”
Hindawi said that “the central bank excluded petroleum products from the oil and gas within the Department of Fuel and two sets of fruits and vegetables subcommittees within the Department of Food and non-alcoholic beverages of the indicators of inflation as prices volatile and unstable,” adding that “the annual inflation basically known worldwide and represents pressure spending continuing” .
Hindawi pointed out that “inflation index saw a slight rise in the month of March, compared with the previous month of February, an increase of 0.8%, while the annual inflation rate has seen a slight increase compared with the same month of last year 2012 where the aspect ratio of 1.3%.”
And inflation means the foundation is the percentage change in the index of consumer prices calculated after excluding petroleum products (oil, gas) within the Department of Housing and two sets of fruits and vegetables bodies within the Department of Food and non-alcoholic beverages.
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