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Iraqi economic indicators

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1Iraqi economic indicators Empty Iraqi economic indicators Wed Aug 19, 2009 4:14 pm

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Aug 18 (Reuters) - Following are the latest Iraqi economic indicators, including data from the Central Bank, the Central Organisation for Statistics and Information Technology (COSIT), the Oil Ministry and the State Oil Marketing Organisation (SOMO).

OIL EXPORTS

Barrels per day (bpd) is the daily average of monthly total exports as reported by the Oil Ministry and the State Oil Marketing Organisation (SOMO). Price per barrel is the average of total monthly revenue or a range.


Month Total bpd From Basra From Kirkuk $ per barrel
Jan 2009 1.893 mln 1.383 mln 500,000 36
Feb 1.804 mln 1.354 mln 450,000 37
March 1.815 mln 1.393 mln 422,000 43-45
April 1.821 mln 1.400 mln 408,366 47
May 1.905 mln --- --- --
June 1.925 mln 1.400 mln 525,000 65-66
July 2.037 mln 1.493 mln 544,000 60-61

INFLATION

Data from the Central Bank of Iraq


Month Core CPI y/y % change

Dec 2008 11.7 pct

Jan 2009 9.2 pct

Februray 7.1 pct


March 8.3 pct
April 3.8 pct
May 4.7 pct
June 8.8 pct
July 7.9 pct

Core consumer price index excludes expenditure on oil, gas and petrol and transport. Included components are food, rent, tobacco and drinks, clothes, furniture, medicines and medical services.

UNEMPLOYMENT

Data from COSIT


Year % rate
2008 15 pct with underemployment at 30 pct
2007 -----
2006 17.50

POLICY INTEREST RATE


Date Rate changed to
Jan 4 14 pct
March 1 11 pct

March 30 9 pct


June 21 7 pct

BUDGET EXPENDITURE

2009 budget -- $58.6 bln*


2008 budget -- $48 bln + $21 bln supplementary
2007 budget -- $41 bln

# REDUCED SEVERAL TIMES FROM DRAFT $80 BLN DUE TO FALLING OIL prices (Compiled by Khalid al-Ansary, Baghdad Newsroom) Keywords: IRAQ/ECONOMY

http://www.iii.co.uk/news/?type=afxnews&articleid=7481871&subject=economic&action=article

2Iraqi economic indicators Empty Re: Iraqi economic indicators Wed Aug 19, 2009 4:16 pm

windreader1



looks like their inflation is back up.

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