Middle East Economic Survey
VOL. LIII
No 17
26-April-2010
Fuel Prices And Inflation In Iraq: The Rise And Fall Of A Supply Shock 1
By Ali Merza
Dr Merza has worked for the Iraqi Ministries of Oil and Planning and for the UN Department of Economic and Social Affairs (E-mail: akmerza@hotmail.com).
Inflationary Trends 2003-09
Since 2003 domestic fuel price changes have played important role in accelerating and then dampening inflation in Iraq, from a prime mover upwards in 2002-07 (acute shortages of...
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