Iraq's Inflation Rate Drops Sharply

By John Lee.

The Central Bank of Iraq (CBI) has reported a significant decline in the inflation rate, reflecting a drop in the general price level and an improvement in purchasing power for individuals and institutions.

It said that inflation stood at 0.8 percent in the second quarter of 2025, representing a 76 percent decrease compared with 3.3 percent in the same period of 2024.

(Source: CBI)

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