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Expectations of lower food prices
Date: Mon 05/12/2011 6:51
□ Baghdad / term economic
Expected economic analyst Qais Al Mulla low commodity prices and food in local markets, excluding at the same time increase the rate of inflation during the coming period.
The Mullah's (agency news): The local markets 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 lower inflation and lack of height in the coming period.
He noted 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.
Mullah attributed to increased inflation rate during this period to rise to exorbitant property prices and this is what the impact and significantly increase inflation in Iraq.
Earlier, the ills of economic expert, Bassem Jamil Anton behind the increase in food prices due to increased domestic prices in global markets, asserting that Iraq was linked to global markets and is affected by.
Jameel said in an earlier statement (for the Agency news): The main reason for the increase in food prices in Iraq due to the scarcity of the product global food and lack of agricultural land and convert part of the food into biofuels, leading to higher prices globally.
He pointed out that the local market and related mainly to global markets and any change in them, it will affect local because Iraq is part of the world, noting: that Iraq is still dependent on foreign imports of food as it lacks the domestic product.
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Date: Mon 05/12/2011 6:51
□ Baghdad / term economic
Expected economic analyst Qais Al Mulla low commodity prices and food in local markets, excluding at the same time increase the rate of inflation during the coming period.
The Mullah's (agency news): The local markets 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 lower inflation and lack of height in the coming period.
He noted 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.
Mullah attributed to increased inflation rate during this period to rise to exorbitant property prices and this is what the impact and significantly increase inflation in Iraq.
Earlier, the ills of economic expert, Bassem Jamil Anton behind the increase in food prices due to increased domestic prices in global markets, asserting that Iraq was linked to global markets and is affected by.
Jameel said in an earlier statement (for the Agency news): The main reason for the increase in food prices in Iraq due to the scarcity of the product global food and lack of agricultural land and convert part of the food into biofuels, leading to higher prices globally.
He pointed out that the local market and related mainly to global markets and any change in them, it will affect local because Iraq is part of the world, noting: that Iraq is still dependent on foreign imports of food as it lacks the domestic product.
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