Wednesday, December 22, 2010

Iraq inflation slips to 3.1 pct in Nov -central bank ...


December 22, 2010

Iraq inflation slips to 3.1 pct in Nov -central bank

BAGHDAD - Iraq's core annual inflation for November slipped to 3.1 percent year-on-year from 3.2 percent in October, a central bank official said on Tuesday.

Inflation was driven mainly by higher housing, water and electricty costs, he said.

"The basic annual inflation rate for November is at 3.1 percent," Mudher Kasim, a senior adviser at the central bank, told Reuters.

Reuters