Inflation Rates Drop in Iraq

Baghdad, - The Central Bank of Iraq (CBI) announced Thursday that the country's inflation rates declined in 2023 when compared to last years inflation rates.

The inflation rate fell from 4.4% in Aug. 2022 to 3.7% in Aug. 2023, the CBI said.

The Iraqi Ministry of Planning recently announced a slight increase in the inflation rate during the month of August, compared to the previous month of July, by 0.5%.

Source: Qatar News Agency