Iraqi Inflation Falls to 5.8%

By John Lee.

Iraq’s Ministry of Planning said that inflation in Iraq for the period from June 2011 to June 2012 has been running at a reported 5.8 percent.

This figure is down from the 6.2 percent reported in May, and the 6.7 percent in April.

(Source: NINA)

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One Response to Iraqi Inflation Falls to 5.8%

  1. Stew July 26, 2012 at 8:26 pm #

    This is good news for the redenomination of the dinar. A low stable inflation rate is much prefered when lopping zeros from a currency.