Sun 20/05/2012
Baghdad (news) ..
Attributed the spokesman of the Ministry of Planning Abdul-Zahra
al-Hindawi, the causes of high rates of inflation during the last period
to increase food prices and housing fees, noting that inflation rates
in Iraq compared to other natural and fears of their impact on the
country.
Hindawi said (of the Agency news) said on Sunday: There are several reasons why inflation index in Iraq is increasing the most important increase in prices of food (vegetables and fruits) and beverages in general and by (3%) in the local markets, in addition to increased wages for housing by (14%) since April of 2011 to April 2012, making the rate of general inflation in the country (8.7%).
He added that inflation rates rose in all countries of the world during this period due to increased population growth, including that the Iraqi economy is part of the global economy, so it is affected by increases occurring prices in world markets through higher rates of inflation, but the indicators the current Iraqi is normal and is witnessing decline after accounting for (60%) in 2004.
He explained: that the indicators of inflation will stabilize in the coming years in the country in case the application of five-year plan developed by the Ministry of Planning for the development of the Iraqi economy and housing as well as the implementation of plans developed by the Ministry of Housing and Construction. / Finished / 8. D. Q /
Link
Hindawi said (of the Agency news) said on Sunday: There are several reasons why inflation index in Iraq is increasing the most important increase in prices of food (vegetables and fruits) and beverages in general and by (3%) in the local markets, in addition to increased wages for housing by (14%) since April of 2011 to April 2012, making the rate of general inflation in the country (8.7%).
He added that inflation rates rose in all countries of the world during this period due to increased population growth, including that the Iraqi economy is part of the global economy, so it is affected by increases occurring prices in world markets through higher rates of inflation, but the indicators the current Iraqi is normal and is witnessing decline after accounting for (60%) in 2004.
He explained: that the indicators of inflation will stabilize in the coming years in the country in case the application of five-year plan developed by the Ministry of Planning for the development of the Iraqi economy and housing as well as the implementation of plans developed by the Ministry of Housing and Construction. / Finished / 8. D. Q /
Link