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The high rate of inflation in Iraq due to the impact of the prices of services and goods
August 18, 20
The high rate of inflation in Iraq due to the impact of the prices of services and goods
August 18, 20
The Ministry of Planning has identified the reasons for the high rate of inflation
Ultra Iraq - Editorial Team
The Ministry of Planning announced, on Wednesday, a rise in the [You must be registered and logged in to see this link.] rate during the month of July by 0.6%.
The official spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, attributed this to “the increase in the prices of the housing department by 1.5%, affected by the rise in the prices of water and electricity supplies, as a result of the increase in subscription fees to generators in most of the governorates of Iraq.”
Al-Hindawi said in a statement, August 18, that "the entertainment department also recorded a 0.7% increase during the month of July, due to the increase in the prices of tourist trips, while the transportation department recorded a 0.6% increase, as a result of the increase in airline ticket prices."
The inflation rate during the month of July of this year was 0.7%.
Al-Hindawi added, "When the Central Bureau of Statistics, when its field teams monitored the movement of prices for more than 333 goods and services in the local markets for the month of July, it recorded an increase in the annual inflation rate compared to July of last year 2020, which amounted to 7.4%."
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