Association of Banks: the rate of inflation is almost non-existent in Iraq

by **wciappetta** Sun 21 Jun 2015, 8:35 am

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Association of Banks: the rate of inflation is almost non-existent in Iraq

by wciappetta Sun 21 Jun 2015, 8:35 am

Association of Banks: the rate of inflation is almost non-existent in Iraq

Sat Jun 20 2015 19:56 | (Voice of Iraq) - Baghdad was considered Association of Iraqi banks, Saturday, that the inflation rate in Iraq is almost non-existent, indicating that the statements "unexplained" cause panic and fear in the market.

The head of the Association meek Handal in conference a joint press with the Governor of the Central Bank on the Keywords that "the rate of inflation in Iraq, amounting to 1.7%," noting that "this inflation is almost non-existent." He added that "irresponsible remarks and unexplained cause panic and fear in the market," he said. " raise the 8%, which represents income tax and customs added cash remittances means alleviating the burden on the citizen.

" The Ministry of Planning announced, in June 3, 2015, a decrease of inflation for the month of May the index rose 0.3%, while annual inflation rose by 7.1%, confirming that the census three Iraqi provinces did not include because of the security situation witnessed in these provinces. Add Comment

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