Iraq announces rise in the inflation index rose 0.2% last month
11/01/2017



The Ministry of Planning, on Wednesday, rising inflation index during the month of December, up 0.2%, after it was 0.7% in the month of November 2016.The ministry said in a statement received / balances News / copy it, that "inflation index basis rose by 0.5% from the previous month and increased by 1% for the month of December 2015," noting, "In contrast record index of consumer prices CPI for the month of December Iraq in 2016 was 103.8%, up 0.2% for the month of November 2016 ".

The statement added that "the reason for this increase is due to the high standard figures of the Department of housing increased by 1.9%, the Department of Education by 19.6%, department of recreation and culture by 0.7%, while annual inflation fell during the month of December 2016 at a rate of 0.7% for the month of December 2015 due to the record for the Department of food and non-alcoholic beverages.

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He continued, "The monthly change for December 2016 compared to November 2016 a month, due to lower section of food and beverage scored nonalcoholic of 2.0% to contribute by -555.3% in the monthly rate of change," noting that "the changes come as a result of the following: low set fruit by 7.7% from the previous month due to lower my sleep acid / importer prices by 17.8%, prices of imported oranges by 14.5%.

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She explained the ministry, according to the statement, that "the vegetable group declined by 5.3% from the previous month due to lower tomato prices by 23.8% with low fish group by 11.1% from the previous month due to lower fish prices of fresh Karp attributes / Local 14.2%, and also due to the low bread and cereals group by 1.4% from the previous month due to lower prices of imported rice trade by 9.1%.

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She pointed out that, "as well as lower oils and fats by 0.2% from the previous month due to lower oil prices vegetarian trading up 1.2%, while Hafez tobacco department at the same level in the monthly rate of change and kept clothing and footwear department at the same level in the monthly rate of change.",

The statement, that "the housing department recorded an increase of 1.9% to contribute increased by 499.0% in the monthly rate of change due to the high indices of group water and electricity supply increased by 22.1%, as Hafez Department of household furnishings and equipment and maintenance at the same level in the monthly rate of change, and maintained the health department at the same level in the monthly rate of change,

and also kept the transport department at the same level in the monthly rate of change, and scored the communications department a decrease of 0.1% to contribute by 2.9-% in the rate of monthly change, and recreation and culture department recorded an increase of 0.7% to contribute by 11.7% in the monthly rate of change.

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And went on, "The Education Department recorded an increase of 19.6% to contribute increased by 180.6% in the monthly rate of change, and scored restaurants division recorded a decline of 0.2% to contribute by 2.9-% in the monthly rate of change, and also a section of miscellaneous goods and services registered a decline of 0.7% to contribute by 30.1-% in the monthly rate of change.

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"The annual change in inflation for the month of December last indicators due to the decrease in food and beverage department nonalcoholic of 7.1% to contribute by 2.277% in the annual rate of change and coming changes as a result of the following: reduced bread and cereals group by 2.2%, lower Group of meat by 4.7% with low fish group by 17.7%, as well as lower oils and fats by 0.8%, as well as low fruit set by 8.8%.

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He pointed out that "it is due to lower vegetable group by 20.5% with low sugar and sugar products group increased by 1.7% as a result of higher milk, cheese and eggs group increased by 1.7% with a high range of other food products by 1.1%, rising drinks group non-alcoholic beverages by 0.4% as tobacco division recorded a rise of 8.3% to contribute by 7.3-% in the annual rate of change.

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He added that the "clothing and footwear division recorded a rise of 0.9% to contribute by 7.4-% in the annual rate of change due to rising clothing prices of 1.0% and a footwear by 0.3% as record housing section of a rise of 3.5% to contribute by 125.1-% in the rate of change annual due to high rent prices of 4.7%, range maintenance and services of housing by 0.1% and a water supply by 7.7%,

"adding that" the division of household furnishings and maintenance and equipment registered a decline of 1.2% to contribute by 9.9% in the annual rate of change due to lower home appliance group by 2.9%, and the health department also increased 1.1% to contribute by 6.9-% in the annual rate of change.

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The statement said, "The Department of Transportation increased record of 0.1% to contribute by 2.0-% in the annual rate of change, and record communications department a rise of 1.8% to contribute by 7.9-% in the annual rate of change, and also due to the recording of recreation and culture department a decrease of 7.6% to contribute by 18.5% in the annual rate of change .

osgel Education Department a rise of 24.1% to contribute by 29.0-% in the annual rate of change, while the Department of restaurants increased of 3.1% to contribute by 6.3-% in the annual rate of change, as well as the Department of miscellaneous goods and services record a rise of 2.4% to contribute by 13.8-% in the annual rate of change.

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He pointed out, "The Price Survey for the month of December the past did not include the governorates of Anbar, Nineveh and Salahuddin, and did not have counted record numbers because of the prevailing situation,".

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