With the devaluation of the dollar against the Iraqi dinar .. The escalation in the prices of goods and services
29 / 03 / 2007
/ Almedimamed Abu Sharif letterhead

It seems that recent increases in fuel prices, and specifically the increase in the price of petrol, kerosine and potatoes, was behind the continued rises in the prices of goods and services in the Iraqi market, despite the monetary policy of the Central Bank to deal with inflation, by raising the value of the Iraqi dinar against the dollar, but the high (prices transport) by increasing Saaralbenzin, kerosine, is clearly reflected in the prices of other goods and services, and here is inevitable that the backbone of the price policy, which is subject to local markets is the transport sector, in reality that the transport costs for goods sold in the local market, such as fruit and vegetables products (vegetative) are marketed outside the city limits Baghdad to a major markets, and then to the markets regionalism, may be the product of more than or equal to the value of the goods themselves ..

It was traveling in a car (taxi) inside the city of Baghdad, they buy this service is not less than two dollars, and that was the act of more than Aibtad (2 kilometers) from the point of departure. In spite of the poor security conditions that contribute to the creation of a state of depression for some commodity items in the (wholesale markets), which used to frequented by traders southern governorates and the Central Euphrates provinces to get their wares-as security conditions led them to change the direction of Basra and head for breeding-only that the state this recession has not led to a decline in the rate of decline in demand with supply and the price hike has to be sustained fever suffered by the local markets .. In the market for electricity (Akd Christians) told us (Ahmed Maghamis), which is one of those working in this market : The high transport rates almost to be the main reason for the absence of any decline in the prices of electricity in spite of the devaluation of the dollar, which usually measure adopted by the traders and workers in this market to determine the rate of supply of goods, on the contrary, prices have risen some of those commodities, after that emigrated many importers outside the country, and the ratio of supply of certain goods which allocates some of them in the import, Ahmed added, saying : perhaps contribute monopoly in certain commodity circulation between merchants and importers specific, and therefore Sithekmon price, many of whom have had to raise the price of the commodity (wholesale) whenever the dollar depreciated, and the earliest example of this is to increase the price (fluorescent cardboard) at a rate of one thousand dinars cardboard, in spite of the devaluation of the dollar, one thousand five hundred dinars. less than three hundred thousand dinars Dolaraloahd, it is true that there are some of the relative decline in some commodities traded in our market, it had achieved reductions of around one of the mines presented not in the rate of the total supply of goods ... As a citizen (Riad Nayef), said to us .. Transportation costs may be behind rises in the prices of some commodities, but why deliberately barbers for example, to raise the prices of their service? .. You might say to me that the matter will be evacuated them and like others, and this means we are going to go in the end each time the rise in the prices of petrol and kerosine, and Anattarad prices of transportation and to the extent never, Is it conceivable that the taxi (car Altksi) of Karadah, to the city of freedom, five ten thousand dinars?! .. That amount is the equivalent of twelve dollars, and that amount could hire a private car to a full day in the city of Amman, Jordan, a city renowned for the high prices of goods and services which, Faye (inflationary we live!) . . The citizenship or Hedel (a clerk in the Agricultural Bank), said to us .. Something never expected a decline of the value of the dollar against the Iraqi dinar, while prices remain Mertgaah this way! Personally, I think that there is an imbalance in the economic equation, which cited the economy of this country, since 99% of the supply of the commodity is imported (Thank God)!, This comes to us importer in hard currency and prices in dollar specifically, the question is why these prices do not come down as long as the hard currency in the case of a significant drop in front of the Iraqi dinar with the proportion of the decline in practice on 15% .. Frequently asked questions and they need to answer

Translated version of http://marsadiraq.com/