The market is witnessing inflation this season

The market is witnessing inflation this season




3/25/2017 0:00

Represent a barometer economically
Baghdad / Suha Shaykhli
reflect the markets, in all countries of the world, economic activity and public index of this or that country through influenced by several factors, whether negative or positive, making it the bottom line gives the correct reading of reality Alaguetsada.ochhd Our markets across the provinces a state of inflation was reflected in the trade and shopping for consumer goods is limited to the main ones affected by the general situation of Iraq, where citizens attributed the inflation situation to several reasons, most notably the low turnout on the purchase of future concerns, in addition to the psychological factor associated with the fear of the future m P What is going through the country of circumstances.
Amal Ibrahim , confirmed the worker in the private sector that the economic impact of inflation in their expenditures , especially since wages and salaries began to be delayed from the date of receipt of making it delay some of its projects in anticipation of the future.
Said Rashid - a teacher - said that the living conditions of teachers and teachers is difficult and that the salary is not enough to meet all family requirements for the end of the month, although their salaries are not too late in the exchange makes the majority of them are turning to private lessons or work outside of times always in the areas outside of their specialization .
For his part , criticized Abu Sajjad - a retired employee - weak targeted mechanisms to address the economic situation solutions effective far from routine to improve the reality of living to the public, calling for the adoption of a global economic means to double revenue for both the government and the citizen through diversification of budget resources and reduce overall dependence on oil in its funding, especially that the country has many natural resources.
In turn , said the official spokesman for the Ministry of Planning Abdul - Zahra al - Hindawi that the Iraqi market, or markets in general, like a sensitive Balbarhumicr which measures the movement of the economy through all influenced by the positive and negative factors surrounding the economic our reality.
He explained Hindawi »Sabah» market very heavily influenced by security indicators, and the purchasing power of the citizen, the more higher the purchasing power of the citizen is reflected positively on the consumption and purchase and move the market according to supply and demand theory.
He continued on the other hand there are a lot of goods are affected by global market movements such as sugar and flour prices , a key material, which is subject to global prices where there bourse sets world prices and consequently determine the prices of those materials in other countries.
Hindawi high monthly inflation rate and the decline in the annual rate for the month of January this year , saying: record inflation index for the month of January 2017 , up for the month of December 2016 stood as 0.1 percent after the 0.2 percent in the month of December 2016.
Inflation also rose mainly by 0.3 percent from the previous month and was down for the month of January 2016.
The record year benchmark consumer price figure (CPI) for the month of January of this year in Iraq , the percentage stood at 103.9 percent , up 0.1 percent from the month of December 2016 because of the reason for this rise to the high standard figures for the Department of Housing by 1.1 percent, health by 0.1 percent, transportation by 0.1 percent, and miscellaneous goods and services by 0.5 percent and annual inflation fell during the month of January 2017 at a rate of 0.9 percent for the month of January 2016.

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