Iraq's core inflation falls to 2.7% in June
* Iraq: Wednesday, July 28 - 2010 at 09:59
Iraq's central bank has said the country's core inflation has continued to slow in June, dropping to an annual rate of 2.7% from 3% in May, Reuters has reported. The central bank cut its key interest rate by 100 basis points to 6% in April in reaction to subdued inflation. The central bank defines core inflation as excluding expenditure on fuel.
* Iraq: Wednesday, July 28 - 2010 at 09:59
Iraq's central bank has said the country's core inflation has continued to slow in June, dropping to an annual rate of 2.7% from 3% in May, Reuters has reported. The central bank cut its key interest rate by 100 basis points to 6% in April in reaction to subdued inflation. The central bank defines core inflation as excluding expenditure on fuel.
