Inflation rates decreases on November
Economy
- 18-12-2018, 09:04
INA- Baghdad
Ministry of Planning announced today of reduction in inflation rates in Iraq by 0.5 % in November when compared with October that preceded it, with a rise in the annual inflation rate by 0.8 %.
MoP issued a statement mentioning that the general record for November 2018 reached 105.1 %, referring to a reduction reached 0.5 % when compared to October 2018.
The reduction is due to a reduction by 1.8 % in foods and non alcoholic beverage department, and 0.1 % in home supplies and maintenance department, and 0.8 % in transport department, and 0.4 % in entertainment and culture department.
(Translated by Baha Salman, Dec. 18, 2018)
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