The Central Bank announces a decline in inflation rates for the current year

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The Central Bank announces a decline in inflation rates for the current year

On Thursday, the Central Bank of Iraq announced a decrease in inflation rates for 2023.

The Central Bank announced that the inflation rate decreased from 4.4% in August 2022 to 3.7% in August 2023, according to a statement received by the “Inflation Rate.”

He stated that inflation rates were acceptable in comparison to other regional countries such as Iran (46.0%), Turkey (57.0%), the United Arab Emirates (3.4%), and Saudi Arabia (2.4%).