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)

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