Saleh: Iraq has not reached the stage of inflation and prices have not risen significantly
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Saleh: Iraq has not reached the stage of inflation and prices have not risen significantly
Saleh: Iraq has not reached the stage of inflation and prices have not risen significantly
3/23/2021

https://economy-news.net/content.php?id=24576
3/23/2021

Economy News _ Baghdad
Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed, on Tuesday, that Iraq has not reached the stage of inflation, indicating that we are still within the one-decimal place.
Saleh said in a press interview, that "Iraq still has not yet reached the stage of inflation, as we are still within the one-decimal place," indicating that "before the adjustment of the dollar exchange rate, inflation in Iraq was slightly higher than zero."
He added, "People are sensitive to prices on the basis of a commodity, but we believe that inflation is an index measure with weights and every commodity has a relative weight," noting that "there is a commodity that may have increased 500 percent but its relative weight is little compared to vegetables or foodstuffs."
Saleh pointed out, "There has become a sense of prices after adjusting the dollar exchange rate, but it is still reasonable and that inflation is still acceptable, not at the individual level, but at the level of the general price index."
https://economy-news.net/content.php?id=24576
claud39- VIP NewsHound
- Posts : 18423
Join date : 2018-11-04

» Parliamentary Finance: Iraq reached the stage of "economic collapse" .. The real problem in the Central Bank
» Oil prices have reached 'bottom' - Iraqi minister
» International inflation is expected to reach inflation in Iraq to 2% during 2018 and 2019
» Rohani: We discussed with Saleh 5 economic issues .. The volume of exchange between the two countries reached 12 billion dollars
» Bloomberg: The collapse in oil prices is setting the stage for the erosion of Gulf financial reserves
» Oil prices have reached 'bottom' - Iraqi minister
» International inflation is expected to reach inflation in Iraq to 2% during 2018 and 2019
» Rohani: We discussed with Saleh 5 economic issues .. The volume of exchange between the two countries reached 12 billion dollars
» Bloomberg: The collapse in oil prices is setting the stage for the erosion of Gulf financial reserves
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» CBI governor thanks Iraq's premier for approving the dinar revaluation
» Iraq revalues currency to 1300 IQD per USD - cabinet statement 2/7/23
» Iraqi Cabinet approves currency revaluation amid unstable exchange rate 2/7/23
» Guru MarkZ 2/7/23 am
» Guru MarkZ 2/6/23 am
» Guru Okie 2/6/23
» Gurus Frank26 & Firefly 2/6/23
» Guru Nader 2/6/23
» Guru Sandy 2/6/23
» Guru Judy 2/6/23
» The central bank denies granting sums of money to citizens
» "STATUS OF RV" BY DINAR IRAQ AND DONG VIETNAM 2/5/23
» Guru Texas Snake 2/5/23
» Guru Ginger 2/5/23
» Gurus Frank26 & Firefly 2/5/23
» Guru MountainGoat 2/5/23
» Guru RayRat 2/5/23
» Guru Nader 2/5/23
» Guru Okie 2/5/23
» Guru MarkZ 2/4/23
» Guru MountainGoat 2/4/23
» Guru Nader 2/4/23
» Gurus Frank26 & Firefly 2/4/23
» Guru Judy 2/4/23
» Guru Bruce Dingleberry 2/2/23
» Guru Okie 2/4/23
» Guru Okie 2/3/23
» Guru MarkZ 2/3/23 am
» Guru Sandy 2/3/23
» Guru MountainGoat 2/3/23
» Guru Judy 2/3/23
» Guru Bruce Dingleberry 2/2/23
» USD/IQD rate closes higher in Baghdad, Erbil
» Dinar Devalues 22%
» The dollar flies over 170,000 Iraqi dinars
» Guru MarkZ 1/31/23 pm
» Gurus Frank26 & Firefly 2/1/23
» Guru MountainGoat 2/1/23
» Guru Judy 1/31/23