Iraq core inflation at 6.4 pct yr/yr in Nov- cbank BAGHDAD, Dec 19 (Reuters)

helend

helend

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Iraq core inflation at 6.4 pct yr/yr in Nov- cbank

BAGHDAD, Dec 19 (Reuters) - Iraq's core annual rate of
inflation fell to 6.4 percent in November from 6.9 percent in
October, central bank Deputy Governor Mudher Kasim told Reuters
on Monday.
(Reporting by Aseel Kami; Editing by Serena Chaudhry)

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Bye the sea

Bye the sea

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Posts : 1093
Join date : 2011-05-17

That makes sense. 95% of their GDP is Oil and Oil services, and Oil fell in November quite significantly. That makes sense, too that gasoline is low too. However, as winter approaches, they pay $16 per cubic feet for Natural gas, and we pay $3.25.

Let's see what inflation is when it gets cold, and oil now has risen above $110 again.

helend

helend

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Posts : 11726
Join date : 2011-05-04
Age : 65
Location : Eastern US

Great point, thanks!

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Iraq core inflation at 6.4 pct yr/yr in Nov- cbank BAGHDAD, Dec 19 (Reuters)

1 Iraq core inflation at 6.4 pct yr/yr in Nov- cbank BAGHDAD, Dec 19 (Reuters) Mon Dec 19, 2011 7:31 pm

helend

2 Re: Iraq core inflation at 6.4 pct yr/yr in Nov- cbank BAGHDAD, Dec 19 (Reuters) Mon Dec 19, 2011 7:41 pm

Bye the sea

3 Re: Iraq core inflation at 6.4 pct yr/yr in Nov- cbank BAGHDAD, Dec 19 (Reuters) Mon Dec 19, 2011 7:45 pm

helend

4 Re: Iraq core inflation at 6.4 pct yr/yr in Nov- cbank BAGHDAD, Dec 19 (Reuters)

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