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Economist: Double-digit inflation in Iraq, measured by real estate
- Time: 09/29/2023 22:01:53
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{Economic: Al-Furat News} An economic expert expected a double rise in the level of inflation in the country.
Mustafa Hantoush told {Al-Furat News} agency, “The level of inflation in Iraq is exponentially high and is measured from the real estate market, as the movement of its prices has increased three-fold, and from here the real inflation is measured.”
He added, "As for goods, merchandise, and the car market, it is not measured. Rather, it is called inflation that withdraws after a period."
Hantoush stated, "The main reason for this is the adoption of the wrong monetary policy followed in Iraq."
Raghad Dahham
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{Economic: Al-Furat News} An economic expert expected a double rise in the level of inflation in the country.
Mustafa Hantoush told {Al-Furat News} agency, “The level of inflation in Iraq is exponentially high and is measured from the real estate market, as the movement of its prices has increased three-fold, and from here the real inflation is measured.”
He added, "As for goods, merchandise, and the car market, it is not measured. Rather, it is called inflation that withdraws after a period."
Hantoush stated, "The main reason for this is the adoption of the wrong monetary policy followed in Iraq."
Raghad Dahham
Share if you like
[You must be registered and logged in to see this link.]
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