By John Lee.
The Central Bank of Iraq (CBI) reports that inflation fell in the first quarter of the year.
The latest data shows an inflation rate of 2.2 percent in Q1 2025, down from 2.8 percent in Q4 2024.
This points to a reduction in the general price level and an improvement in purchasing power for both individuals and institutions, according to the CBI.
(Source: CBI)
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