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Low inflation rate for the month of May by 1.1% and 0.1% annual rise
The Ministry of Planning, on Monday, for the low inflation rate for the month of May by 1.1%, noting that the annual rate rose to 0.1%.
The official spokesman for the Ministry of Planning Abdul - Zahra al - Hindawi, in a press statement, said that " the Central Bureau of Statistics of the Ministry of Planning, inflation for the month of last May 's report was completed in 2017 on the basis of field data collection on the prices of goods and services components of the consumer basket of selected sample of sales outlets in the provinces all of Iraq , "noting that" these rates are calculated for goods and services that food, rent, transportation, communications, health, education and other , which include consumer is keeping. "
Hindawi said that "inflation for the month of May indices witnessed a decline by 1.1% due to lower food prices by 3.8%.", Following, the "annual inflation rose by 0.1% compared to May month of 2016 , " noting that " the survey , which was conducted during the the month of February did not include the two provinces because of the security situation witnessed in these two provinces are Nineveh and Anbar. "
It was the Center for Statistics and Information Technology announced in January 2012 that it will begin using automation in the collection of different prices and specific times of time instead of paper form in place previously, stressing that, it will contribute to the speed of price collection and accuracy, and correct calculation in case of errors .
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