Iraqi Economic Center – Baghdad
The Ministry of Planning announced on Sunday that the annual inflation index decreased by 1.3%, while the inflation index stabilized during the month of April, where the annual inflation rate for the period from April 2017 to the same month of the current year 2018 decreased by 1.3%, as the decline Food and non-alcoholic beverages recorded a decline of 4.1%. The Housing Department recorded a decrease of 1.6%, while the Communications Department also decreased by 0.5%.
The general index for the month of April maintained the same level in the rate of monthly change in the whole of Iraq, because of the stability that led to the rise in the prices of some sections of the basket of goods against the decline of others.
Stability is due to a 0.2% decline in the tobacco division, a 0.6% decline in the housing sector, and a 0.5% increase in food and non-alcoholic beverages.