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The high rate of inflation in Iraq within a month
Shafaq News/ The Ministry of Planning announced today, Thursday, an increase in the inflation rate for the month of last October by (0.4%), compared to the previous month of September, while the annual inflation rate also witnessed an increase by (6.8%), compared to the month of October the first of the year 2020.
The official spokesman for the ministry, Abdul-Zahra Al-Hindawi, said in a statement received by Shafaq News Agency, that the Central Statistical Organization in the Ministry of Planning continues its digital monitoring of the price movement in the Iraqi local markets, and the qualitative report of the consumer price index for the month of last October showed an increase in the rate of Monthly and annual inflation.
And he indicated that the commodity aggregates that had the highest increase in monthly prices, which had an impact on the rate of inflation, were represented by the miscellaneous goods and services department, whose prices witnessed an increase 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, household 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%).
Al-Hindawi pointed out 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 group of bread and cereals by (0.9%), and the group of milk 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%), while the education department recorded an increase by (0.1%).
The monthly inflation rate for the month of September rose by (0.7%). compared to August.
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The official spokesman for the ministry, Abdul-Zahra Al-Hindawi, said in a statement received by Shafaq News Agency, that the Central Statistical Organization in the Ministry of Planning continues its digital monitoring of the price movement in the Iraqi local markets, and the qualitative report of the consumer price index for the month of last October showed an increase in the rate of Monthly and annual inflation.
And he indicated that the commodity aggregates that had the highest increase in monthly prices, which had an impact on the rate of inflation, were represented by the miscellaneous goods and services department, whose prices witnessed an increase 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, household 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%).
Al-Hindawi pointed out 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 group of bread and cereals by (0.9%), and the group of milk 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%), while the education department recorded an increase by (0.1%).
The monthly inflation rate for the month of September rose by (0.7%). compared to August.
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