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High inflation last year's annual rate (6%)
On: Wednesday 11/1/2012 7:15
□ Baghdad / economic-term follow-up
blamed the Ministry of Planning and Development Cooperation of the high rate of annual inflation in 2011 to last year, higher wages for electricity and housing, as played by experts and watchers of this rise and a natural enemy of the economy still suffers from structural imbalances and structural.
The ministry said at the same time high levels of inflation in the month of December last slightly by 1% compared to last November.
The spokesman said ministry spokesman Abdul Zahra al-Hindawi, "Alsumaria News": The high annual inflation rate for last year 2011, due to the high Ojuralexan and electricity after the application of new rates, indicating that inflation has risen by 6% compared to 2010. "
Hindawi said that rents have risen dramatically over the past year by 12%, compared to December of 2010 because of rising rents for the homes of 10.4% indicating that the high wages of electricity by 100% as a result of the application of new rates. "
stressed Hindawi indicators of inflation for the month of December last rose slightly up to 1% compared to last November, pointing out that the Central Bureau of Statistics completed the inflation report for the month of December for 2011, which prepared on the basis of collected field data on the prices of goods and services components of the consumer basket of selected sample of outlets in all governorates of Iraq. "
According to the new rates for the remuneration of electricity, which has been working out during the past year 2011 were calculated wage consumption of electrical energy unit of "kilowatt / hour at 20 Iraqi dinars per one unit, in the case of consumption between 1000-1000 units, and 50 dinars to the consumption of between 1001 to 2000 units, and 80 dinars for consumption between 2001-3000 units, and 100 dinars for consumption between 3001-4000 units, and 135 Iraqi dinars if the consumption of more than 4001 units.
The Ministry of Planning and Development Cooperation announced on January 16 in 2011 that the annual inflation index for 2010, last year witnessed a significant reduction compared to the years that preceded it, pointing out that the percentage of the index during the year 2010 amounted to 3% compared to 53% in 2006, and 7% in 2009.
The Central Bureau of Statistics and Information Technology, in January of last year 2011, it will begin using the automation in the collection of various prices and times of a specific time, rather than paper form in place previously, emphasizing that it will contribute to the speed of collection Price, accuracy, and correct calculation in case of errors.
The Central Bureau of Statistics and Information Technology, specialized operations statistics different at the level of the country, and most important work to do censuses of the population and housing, and to do statistical operations on all areas (agricultural, industrial and other), in addition to the collection and to unify and prepare, analyze and summarize the results of statistical operations in whole or in part.
The Central Bureau of Statistics in the Ministry of Planning revealed a rise in annual inflation index for 2011 (6%) compared with the previous year 2010.
The statement noted that the Directorate of records in the Central Bureau of Statistics completed Inflation Report for the month of December 2011 which was prepared on the basis of data collection in the field "on the prices of goods and services components of the consumer basket of selected sample of outlets in all governorates of Iraq was adopted in 2007 has shown results, indicators indices of consumer prices at the level of Iraq, where the total index of consumer prices (135.6%) in the month of December 2011, recording an increase rate of 0.9% from the previous month and an average of 6% compared with the month of December 2010, results showed that the Department of Food and non-alcoholic beverages: - the prices of this section increased during the month December 2011 rate of 2.2% compared to the previous month, due to higher prices in the region of Kurdistan, a rate of 2.8%, and in the central region by 2.3% and in the south at a rate of 1.8%, mainly due to the high prices of this section at the level of Iraq, mainly due to the high prices of vegetables and fish. The statement noted that the Department of Alcoholic beverages and tobacco recorded prices rose slightly during the current month by 0.1% compared to the previous month, due to higher prices in the central region at 0.1% while saw their prices stable in each of the regions of Kurdistan and the south, the prices of this section increased by 5.6% compared to prices in the month of December 2010, The Department of Clothing and footwear recorded a price rise during the current month by 1.1% compared to the previous month, due to higher prices in the Kurdistan region by 1.1% and in the central region by 2.1% and in the South by 0.4%. The prices of this section rose by 8.2% compared to prices in December 2010.
The statistics agency said in its statement that the Department of Housing has seen prices rise during the current month by 0.3% compared to the previous month, due to higher prices in the Kurdistan region by 1.7% and in the central region at 0.1%, in When settled in the South. The prices of this section increased by 11.9% compared to price levels in the month of December 2010 due to high rents the homes of 10.4% and also because of the high price of wages of electricity by 100% due to the application of new rates.
The Central Bureau of Statistics that the group Sub-fuel (gasoline, oil and gas) have seen their prices rise during the month of December 2011 by 0.7% compared to the previous month due to higher prices in the region of Kurdistan, an average of 1.9% and in the central region by 0.4% and in the South by 0.1%. The prices of this group rose by 2.6% compared to prices in December 2010.
However, the statement stressed that the Department of household furnishings and equipment recorded the prices stable during the current month compared to the previous month, with lower prices in the Kurdistan region by 0.2% and in the central region at 0.1%, while prices in the South rate of 0.2%. the prices of this section increased by 1.8% compared to price levels in the month of December 2010, The Health Department reported prices rose slightly during the current month by 0.2% compared to the previous month, due to higher prices in each of the regions of Kurdistan and the central rate of 0.1% in the South by 0.3%. the prices of this section rose by 7.7% compared to price levels in the month of December 2010, as is the case in the Department of Transportation recorded a price slightly higher amount of 0.1% during the current month compared to the previous month, due to higher prices in each of the regions of Kurdistan and the South by 0.3% while prices declined in the central region at 0.1%. This section prices decline by 3.8% compared to price levels in the month of December 2010.
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