Decline in the indicators of inflation for the month of June
15/07/2013 12:00 AM
The first results of salvation from Chapter VII
BAGHDAD - شكران Fatlawi attributed the economic expert reasons for the low inflation for the month of June last to exit Iraq from Chapter VII after that lasted for more than two decades of sanctions imposed whereby on Iraq in the wake of the invasion of the former regime of Kuwait in August 1990 said the expert Bassem Jamil Antoine »Sabah» that Iraq would emerge from Chapter VII will support the Iraqi economy and give confidence to the citizen and results of preliminary indications towards reducing inflation and boosting the development of the Iraqi dinar, pointing out that the policy of the central bank to inject large amounts of the dollar led to the decline and reinforced put the Iraqi dinar, as well as the feet of private banks to cut dollar selling well. noted Antoine that foot on the shopping was weak during the month of June, because the Iraqi family was preparing for the holy month of Ramadan, demand less and increased supply, which led to lower commodity prices and thus lower inflation. The Ministry of Planning has revealed a decline in indicators of inflation for the month of June (1 percent) compared to the previous month of May .. As witnessed inflation index compared with June of last year 2012 increased arrived (2 percent) and the ministry said that the Central Bureau of Statistics completed the inflation report for the month of June 2013 which was prepared on the basis of field data collection »the prices of goods and services components of the consumer basket of selected sample of outlets sales in all provinces. , the report noted that the general index of consumer prices reached (140.9 percent) in the month of June 2013, a decline rate of 0.9 percent for Alshahralsabak, and increased by 2.3 percent compared with the month of June 2012. statement said that inflation indicators Westphalian low prices Department of food during the month of June 2013 rate of 2.9 percent compared to the previous month, due to lower prices in the Kurdistan region by 2.0 percent in the central region by 3.4 percent in the South by 2.9 percent. The main reason for the low prices of this section on the level of Iraq, due mainly to a decrease in the prices of vegetables and fruits. The prices of this section increased by 0.7 percent compared to prices in June 2012. As for the subset of fuel (gasoline, oil and gas) have seen their prices decreased slightly during the month of June 2013 rate of 0.1 percent compared to the previous month, due to lower prices in the Kurdistan region by 0.7 percent in the the central region at a slight rate of 0.1 percent, while prices rose in the South by a slight 0.2 percent. The prices of this group stable prices compared to prices in the month of June 2012. while record section household furnishings and equipment increased by 0.4 percent in June compared to the previous month, due to higher prices in the Kurdistan region by 0.4 percent in the central region by 0.3 percent in the South by 0.6 percent . The prices of this section increased by 2.3 percent compared to prices in the month of June 2012. | |
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