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Economist: Inflation in Iraq has risen to the highest level in years
- Time: 03/24/2023 14:33:34
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{Economic: Al Furat News} An economist expected an increase in the annual inflation rate for the month of January 2023 to reach more than 8.2%, "returning to it" the highest rise in Iraq in years.
"The annual inflation rate in the food sector amounted to 10.4%, while the annual inflation rate in the transportation sector amounted to 13.9%," Manar Al-Obeidi said in a statement, which Al-Furat News received a copy of.
"As for the highest increase in inflation rates, it was in the electricity and water supply sector, as it increased by 34% compared to the previous year, while inflation rates in rents only increased by 1.6%," he added.
Al-Obaidi pointed out, "The only two sectors that witnessed a decrease in inflation rates are the telecommunications sector, which decreased by 11%, and the maintenance services sector, which decreased by 1.4%."
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{Economic: Al Furat News} An economist expected an increase in the annual inflation rate for the month of January 2023 to reach more than 8.2%, "returning to it" the highest rise in Iraq in years.
"The annual inflation rate in the food sector amounted to 10.4%, while the annual inflation rate in the transportation sector amounted to 13.9%," Manar Al-Obeidi said in a statement, which Al-Furat News received a copy of.
"As for the highest increase in inflation rates, it was in the electricity and water supply sector, as it increased by 34% compared to the previous year, while inflation rates in rents only increased by 1.6%," he added.
Al-Obaidi pointed out, "The only two sectors that witnessed a decrease in inflation rates are the telecommunications sector, which decreased by 11%, and the maintenance services sector, which decreased by 1.4%."
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