Thursday, April 21, 2011

The stability of food prices .. And the high gold and Alinchaiyat

21/04/2011


Baghdad - Filaih Haider al-Rubaie

Experienced local markets in Baghdad and the provinces in terms of stable prices significantly in recent days and attributed the guards that the stability of increasing the supply of the remarkable stability compared with demand, causing the survival without altitude record prices, especially prices of food and clothing at the time to see the prices of raw materials used in construction of different heights, according to fellow passengers, the reason behind these increases is security and stability, leading many Iraqis to build new homes or rebuild their homes, but the main reason contributing to high prices of construction materials is essentially the Government's involvement in implementing projects to build a giant in Baghdad and the provinces demand, causing an increase in the domestic market has exceeded its ability to meet all the requirements that led to rising prices of bricks, cement and strengthen Shish and some other materials construction, according to observers ..
A source at the Iraqi Central Bank attributed the causes of price stability in Iraq with the increase of imports from Turkey during the periods of the past, noting that such imports does not impose additional burdens on the merchant marine and transport materials to promote the survival of stock prices unchanged ..
The advisor to the CBI the appearance of Mohammed Saleh: Iraq needs to import from Turkey in the Euro. As this is an important and imported from Turkey and the strong euro, which causes the dollar to fall against the licensing and low prices of products within Iraq. "
He continued, " the central bank works to keep the range of a decimal in order to achieve stability and development and the introduction makes this a comfortable situation the investor to the lack of price fluctuations in the exchange rate in the general price level ..
In the same context, the economist said Majid image of the increasing import of materials in Iraq has surpassed all expectations, indicating that the size of commodities last year reached Allowaradt
Approximately $ 50 billion, a figure
Dangerous and damaging the development situation of Iraq and lead to paralysis of the movements in the industry in general, indicating that the increase in world oil prices will increase the amount of imported materials and goods after what Prices can be high in the Iraqi market, which is expected to absorb these increased prices of imports in world oil ..
He called the image during his speech to the (morning) in the government to accelerate the revival is industrial, agricultural and work to reduce the phenomenon of mass unemployment in Iraq and trying to sow the consumer culture the right of an individual, taking into account those measures are important in the way of economic development in Iraq in general, and expect the image to see the Iraqis dinars stability during periods of stability after the next General Assembly in Iraq ..
Meanwhile, gold continues to see gains in Iraq increasingly influenced by global economic conditions, that gold is affected by the economic impact affecting oil prices and as a result of speculation taking place in markets global values ​​..
When the price of the master weight 21 karat gold, about 230 thousand dinars, a figure that is relatively high compared to prices charged him in the same period last year and is expected to jewelers and gold dealers continued the high prices in future periods, taking into account the extent of demand for this metal per citizen, which is considered a valuable Ictenzea need more than the dollar or other currencies in the words of a number of jewelers ..
In turn, denied a beautiful area that the prices of wholesale food are manufacturer (chicken, fish, canned - and frozen fillets ...) may have influenced the rest of the food prices in markets local, adding that the Iraqi street is consumed in large quantities
Years is that these increased quantities during this year and last due to the growing awareness of consumers about the quality and the quality of these materials and a pointer to increase the purchasing power of the Iraqi family.
Sam-Zaidi said: Different types of food manufacturer has entered the local market through Jordan, Syria and Turkey, and led to domestic price stability, it is said Zaidi as positive and works to support the reality of life in Iraq ..
Zaidi predicted to increase the volume of imports of these materials over the next few days , attributing this to increased demand to buy these materials in the local market and license prices and lack of production of such material in Iraq and having to import, Zaidi said: production costs are very high in Iraq to neighboring countries with low production costs too, explaining that the wages of labor in Iraq and the lack of energy and have to buy at high prices and low operations, the storage and freezing are all factors leading to rising domestic production costs and therefore go to the importation of various types of country food.


LINK !!! http://www.alsabaah.com/ArticleShow.aspx?ID=6304

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