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Economy News _ Baghdad
On Sunday, the Ministry of Planning announced an increase in the inflation rate for the month of August.
The official spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said in a statement received by "Al-Iqtisad News", that "the ministry monitored the increase in the inflation rate for the month of August, at a rate of (1.1%), compared to the previous month of July, which witnessed an increase by (0.6%).” Noting that "the annual inflation rate compared to August of last year 2020, witnessed an increase of (8.1%)".
He added, "The Central Statistics Authority, through the Index Numbers Section, prepares a monthly report on consumer price indices, which includes field follow-up of price variables, for more than (333) goods and services in all governorates, representing (88%) of the volume. The total expenditure of the Iraqi family on goods and services.
And he indicated, "The increase in the inflation rate last August by (1.1%) was affected by the increase in the prices of a number of commodity groups in the Iraqi markets," noting that "the food and non-alcoholic beverages section recorded an increase by (4.5%), as a result of the increase in the prices of vegetables. by (21.7%), fruits by (2.3%), bread, meat and grains by (0.9%), fish by (0.6%), milk, cheese and eggs by (0.5%), and other food products, their prices increased by (0.1%). ".
He continued, "The prices of the restaurants and hotels section also recorded an increase by (2.6%), while the prices of the household supplies, equipment and maintenance section witnessed an increase of (0.1%), affected by the rise in the furniture and equipment group by (0.1%)."
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