The Ministry of Planning announced on Tuesday that the rate of inflation during the month of February decreased by (0.3%) compared to the month of January, pointing to the decline in the annual inflation rate by (0.1%).
The official spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said in a statement received by "Economy News" that "the rate of inflation during the month of February witnessed a decline of (0.3%) compared to the month of January, indicating that the annual inflation rate decreased by 0, 1%).
He added that "the index of basic inflation has also decreased by 0.4 percent during the month of February and the year fell by 0.8 percent, pointing out that the reason for the decline is due to the monthly inflation rate during the month of February to decrease the clothing and shoes by ( (0.1%), the Communication Section (0.2%), the Entertainment and Culture Section (2.8%), and the Restaurants Section by (0.1%). %) ".
Hindawi said that the process of collecting prices for the month of February, a province did not include Nineveh because of the prevailing conditions.
"The decline in the annual inflation rate compared to February of last year 2017 due to the decrease of food and non-alcoholic beverages by (0.9%), and the increase of the tobacco section by (0.7%), and kept the clothing section of the level, The housing section increased by (0.1%).
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The official spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said in a statement received by "Economy News" that "the rate of inflation during the month of February witnessed a decline of (0.3%) compared to the month of January, indicating that the annual inflation rate decreased by 0, 1%).
He added that "the index of basic inflation has also decreased by 0.4 percent during the month of February and the year fell by 0.8 percent, pointing out that the reason for the decline is due to the monthly inflation rate during the month of February to decrease the clothing and shoes by ( (0.1%), the Communication Section (0.2%), the Entertainment and Culture Section (2.8%), and the Restaurants Section by (0.1%). %) ".
Hindawi said that the process of collecting prices for the month of February, a province did not include Nineveh because of the prevailing conditions.
"The decline in the annual inflation rate compared to February of last year 2017 due to the decrease of food and non-alcoholic beverages by (0.9%), and the increase of the tobacco section by (0.7%), and kept the clothing section of the level, The housing section increased by (0.1%).
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