On: Fri 4/12/2011 9:18
Baghdad (news) .. likely economic analyst Mullah measured decline in the prices of goods and foodstuffs in local markets, ruling out the same by increasing the rate of inflation during the coming period.
Mulla said in a statement to the Agency (news) on Sunday: that the Iraqi market will see a significant decrease prices of food and goods in the coming period as a result of what Iraq is going through now is the growth of Baktaih agricultural, industrial, and differently from what it was in the past and this is what will lead to the decline of the inflation and lack of height in the coming period.
He pointed to: that the indicators on which the Central Bureau of Statistics and Information Technology to increase or decrease the rate of inflation is the set of goods and services and the consumer basket of food, any impact on the prices of these materials will affect the inflation rate in Iraq.
And the Mullah: The reasons for the increased rate of inflation during this period to the rise of property prices Albahi This is largely on the impact of the increase in inflation in Iraq.
He said economic analyst: an increase in the inflation rate in Iraq in the coming period, there are fiscal and monetary policies Emtemtlten the Central Bank and Ministry of Finance, referring to: that the central bank to take action by reducing the credit for pushing inflation signs that appear on the market.
Earlier, the ills of the economist as a beautiful behind the increase in food prices locally to increase their prices in world markets, saying: Iraq is linked to global markets and is affected by.
Jameel said in an earlier statement (of the Agency news): The main reason for the increase in food prices in Iraq due to the scarcity of product, the global food and lack of agricultural land and convert part of the food into biofuel, driving up prices worldwide.
He pointed to: that the Iraqi market related mainly to global markets and any change in them, they affect the local, because Iraq is part of the world, noting: that Iraq is still dependent on imports outside of the food as it lacks the product local. / Finished / 8. J. N /
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