Planning Declares inflation rate down by 0.5% during last month

by **claud39** Tue Dec 18, 2018 6:44 am

http://economy-news.net/content.php?id=14799

Planning Declares inflation rate down by 0.5% during last month

12/18/2018

Economy News _ Baghdad

The Ministry of Planning announced on Tuesday that the rate of inflation during the month of November last by 0.5% compared to the month of October, indicating the annual inflation rate increased by 0.8%.

"The general index for November 2018 in Iraq was 105.1 percent, down by 0.5 percent compared with October 2018," said ministry spokesman Abdul Zahra al-Hindawi in a statement. , Non-alcoholic beverages by 1.8%, household equipment and maintenance by 0.1%, transportation by 0.8% and entertainment and culture by 0.4%.

He pointed out that "inflation index rose by 0.2% from the previous month and decreased by 0.1% compared to the month of November 2017," noting that "the annual inflation rate rose during the month of November 2018 to 0.8% compared with the month of November 2017, The index then reached 104.3%. "

"Compared to the month of November 2018 with the month of October 2018, the food and non-alcoholic beverages sector recorded a decrease of 1.8%, contributing 97.5% to the monthly change rate. The changes are due to the decrease of the bread and cereals group by 0.3% 0.3%, the fish group decreased by 6.1%, the fruit group decreased by 0.1% and the vegetable group decreased by 6.7%.

"The tobacco department recorded a rise of 0.7%, contributing 1.0% to the
monthly change rate . The clothing and footwear section recorded an increase of 0.7%, contributing 8.3% to the monthly change rate due to the 0.8% The housing sector rose by 0.1%, contributing 4.6% to the monthly rate of change. The increase was due to the increase of the fuel group by 0.7%, the rent group by 0.3% and the housing maintenance and services group by 0.2%. % ".

"The household equipment and maintenance sector recorded a decrease of 0.1%, contributing 1.2% to the monthly change rate due to a 0.1% drop in the prices of household appliances. The Health Department recorded a 0.8% increase, contributing 7.5% The Transport Section recorded a decrease of 0.8%, contributing 22.2% to the monthly change rate. The Contact Department maintained the same level of monthly change rate.

"The entertainment and culture section recorded a decrease of 0.4%, contributing 1.5% to the monthly change. The Education Department recorded a 0.1% increase, contributing -0.2% to the monthly change rate. The Restaurants and Hotels Division maintained the same level of monthly change, The Miscellaneous Goods and Services Division recorded a 0.1% increase, contributing 0.8% to the monthly change rate.

On the comparison between November 2018 and November 2017, Hindawi pointed out that "the food and non-alcoholic beverages sector increased by 2.0%, contributing 71.0% to the annual rate of change. The changes are due to the increase of vegetables by 16.9% Alcoholic by 0.2% ".

"The tobacco division recorded a decrease of 0.2%, contributing -0.3% to the annual rate of change. The clothing and footwear section recorded a decline of 1.9%, contributing 16.3% to the annual rate of change due to the decrease in clothing prices by 1.5% . The Housing Department recorded a decline of 0.8%, contributing 28.9% to the annual rate of change due to a decrease of 3.6% in the housing maintenance and services group, and the rent group by 2.2%.

Al-Hindawi added that "the household equipment and maintenance sector recorded a decline of 1.8%, contributing 14.9% to the annual rate of change due to the decrease in furniture and equipment prices by 2.7% and the household appliances by 1.3%. 18.8% in the annual rate of change. The Transport Section recorded an increase of 3.8%, contributing 69.0% to the annual rate of change, and the communication department recorded a decrease of 2.8%, contributing 12.5% to the annual rate of change.

The Department of Education and Culture recorded a rise of 10.2%, contributing 22.3% to the annual rate of change. The Education Department recorded an increase of 0.7%, contributing 1.1% to the annual rate of change. The Restaurants and Hotels Section recorded a decrease of 2.5% By 5.4% in the annual rate of change. The miscellaneous goods and services division recorded a decline of 0.7% contributing 4.0% to the annual rate of change.

by **claud39** Tue Dec 18, 2018 7:05 am

https://mop.gov.iq/news/view/details?id=77

Ministry of Planning: the rate of inflation during the month of November last by (0.5%) and the annual rate of ...

2018-12-18

Planning Declares inflation rate down by 0.5% during last month 154511621146d4232191b8bfb958554e9c56f25d77--planning

Planning Declares inflation rate down by 0.5% during last month 154511621146d4232191b8bfb958554e9c56f25d77--planning

Ministry of Planning: The rate of inflation during the month of November last by (0.5%) and annual rise by (0.8%)

The Ministry of Planning announced a decrease in the rate of inflation during the month of November last by 0.5% compared with the month of October, the previous, compared with an increase in the annual inflation rate by 0.8%.
The general index for November 2018 in Iraq (105.1%) decreased by (0.5%) compared with the first month of 2018. This is due to the decrease of food and non-alcoholic beverages by (1.8%), 0.1%), Transport (0.8%), and Recreation and Culture (0.4%).
• The base inflation index decreased by 0.2% from the previous month and decreased by 0.1% compared to the second month 2017.
• The annual inflation rate during the month of November 2018 to (0.8%) compared to the month of November 2017, when the index was then (104.3%).
First: Monthly Change (November 2018 compared to October 2018)
1. Food and non-alcoholic beverages decreased by (1.8%) contributing 97.5% to the monthly change rate. The changes are due to the following:
• A decrease of 0.3% in bread and cereals.
• Meat group decreased by 0.3%.
• Fish group decreased by (6.1%).
• Low fruit group (0.1%)
• Low vegetable group (6.7%).
2. The tobacco department recorded an increase of (0.7%) contributing (-1.0%) in the rate of
monthly change.
3. Clothing and footwear increased by (0.7%) and contributed by (-8.3%)
to the monthly change rate due to the increase in the prices of the clothing group by 0.8% and the shoes group by 0.5%.
The housing sector recorded an increase of 0.1%, contributing 4.6% to the monthly change rate. This increase was due to the increase in the fuel group by 0.7%, the rent group by 0.3%, the housing maintenance and maintenance group by (0.2%).
5. The Household Equipment and Maintenance Department recorded a decrease of 0.1%, contributing 1.2% to the monthly change rate due to a decrease of 0.1% in the prices of household appliances.
6. The health department recorded an increase of (0.8%) to contribute (-7.5%) in the rate of monthly change.
7. The Transport Department recorded a decline of (0.8%) to contribute (22.2%) to the rate of monthly change.
8. The communication department maintained the same level of monthly change rate.
9. The entertainment and culture section recorded a decrease of (0.4%) contributing 1.5% in the rate of monthly change.
10. The Education Department recorded an increase of (0.1%) contributing (-0.2%) in the rate of monthly change.
11. The Department of Restaurants and Hotels maintained the same level of monthly change
. The miscellaneous goods and services section recorded an increase of 0.1%, contributing 0.8% to the monthly change rate.
Second: Annual change ( the month of November 2018 compared to November 2017 a month)
1. Record food and beverage non - alcoholic increase of (2.0%) to contribute by (71.0%) in the annual rate of change comes changes as a result of a result of what comes:
• high vegetables group (16.9%).
• Non-alcoholic beverages increased by 0.2%.
2.
The Clothing and Footwear Section recorded a decline of (1.9%) contributing (-16.3%) in
the annual rate of change due to the decrease in the prices of the group (1.5%)
and footwear (3.4%).
4. The Housing Department recorded a decline of (0.8%) to contribute by (-28.9%) in the
annual rate of change due to the decrease of the indices of maintenance and housing services group by (3.6%).
And the rent group by (2.2%).
5. The equipment and household equipment and maintenance sector recorded a decline of (1.8%), contributing (-14.9%) to the annual rate of change due to the decrease of furniture and equipment prices by 2.7% and the household appliances by 1.3%.
6. The health department recorded an increase of (3.1%), contributing 18.8% to the annual rate of change.
7. The Transport Department recorded an increase of (3.8%) to contribute (69.0%) in the annual rate of change.
8. The Communications Department recorded a decrease of (2.8%) to contribute (12.5%) to the annual rate of change.
9. The entertainment and culture section recorded an increase of 10.2%, contributing 22.3% to the annual rate of change.
10. The Education Department recorded an increase of (0.7%) contributing 1.1% in the annual rate of change.
11. The Restaurants and Hotels Section recorded a decline of (2.5%) to contribute (-5.4%) in the annual rate of change.
12. The miscellaneous goods and services division recorded a decline of (0.7%) contributing (-4.0%) to the annual rate of change