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Planning: the rise in monthly inflation rate by 0.6% for the month of October 2019
Economy News - Baghdad
The Ministry of Planning announced on Tuesday, the rise in monthly inflation rate of 0.6% for the month of October 2019, while the annual inflation for the same month fell by 0.8%.
Ministry spokesman Abdul-Zahra al-Hindawi said in a statement seen by Al-Iqtisadiah that the overall index for October in Iraq reached 104.8 percent, rising by 0.6 percent compared with September 2019, attributing this to the rise in food and non-alcoholic beverages. By 2.5%, Health by 1.3%, Education by 0.4%. "
He added that the annual inflation rate fell in October 2019 to 0.8% compared to October 2018, when the record reached 105.6%.
Hindawi pointed out that "the core inflation index fell by 0.2% from the previous month and decreased by 0.1% compared with October 2018."
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