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Planning announces a rise in the inflation rate during last October
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On Thursday, the Ministry of Planning announced an increase in the inflation rate for the month of October last by (0.4%), while it indicated that the annual inflation rate also rose by (6.8%).
The official spokesman for the ministry, Abdul-Zahra Al-Hindawi, said in a statement seen by "Al-Iqtisad News", that "the Central Bureau of Statistics in the ministry continues its digital monitoring of the movement of prices in the Iraqi local markets, and the qualitative report of the consumer price index for the month of October showed an increase in the inflation rate." monthly and yearly.
He added that "the commodity totals that were the highest in monthly prices, which had an impact on the inflation rate, were represented by the miscellaneous goods and services department, whose prices witnessed a rise of 4.2%, affected by the relative rise in gold prices, and the prices of the health department recorded an increase by ( 0.9%), and the prices of the fixtures, home equipment and maintenance section increased by (0.5%), as a result of the increase in the group of furniture and fixtures by (0.8%), and the group of household appliances by (0.3%).
He added that "the prices of the sections of food, non-alcoholic beverages, entertainment and culture, recorded a slight increase, amounting to (0.2%)," attributing "the increase in the prices of the food section to the increase in meat prices by (2.3%), the bread and cereal group by (0.9%), and the milk group. And cheese and eggs by 0.2%, while the prices of the two groups of oils, fats, sugar and sugar products increased by (0.1%).
He stated that "the education department recorded an increase of (0.1%)," explaining that "the monthly inflation rate for the month of last September increased by (0.7%) compared to August."
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