Middle East Economic Survey

VOL. XLIX

No 3

16-January-2006

IRAQ

Inflation In Iraq Reached 33% In 2005

Inflation in Iraq reached 32.8% in 2005, according to a report issued by the Ministry of Planning and Development Cooperation and quoted by the daily al-Hayat on 12 January. The paper cited economic experts as saying that the high figure reflected the absence of a government plan to deal with the rise in the prices of commodities, including foodstuffs. According to the experts, only a small part of...