Inflation rate in Iraq settles at 0.2% in May, Ministry of Planning says
Shafaq News/ The Iraqi Ministry of Planning said on Tuesday that the monthly inflation rate rested at 0.2% in May, compared to the previous month.
"May 2022's report demonstrated that Iraq maintained April's 0.2% inflation rate. In May 2021, the inflation rate in Iraq was 5.4%," the Ministry said.
The Ministry's Central Bureau of Statistics said in a statement that food accounts for 30% of the regular family's expenditures.
The prices of household materials rose by 1.9% in total; the prices of entertainment and culture services went up by 1.5%.