Inflation Running at 7% Year-on-Year
By John Lee.
Inflation for July was up 7% year-0n-year, according to the Central Statistics Department of the Planning Ministry.
Prices of some food and beverages, particularly fruits and vegetables, fell.
Houses prices were up by 10% nationwide, with rents up 13%.
In a separate report, ‘core inflation’, which strips out fuel prices, fell to 5.9% in July.
(Sources: Aswat al-Iraq)