CPI and new consumer basket
28 December 2016

Here, we find it necessary to inform all our website visitors and KRSO data users that the old consumer basket and base year has been changed.


Relying on the second round of Iraqi Household Socio Economic survey (IHSES2) and cooperating with CSO, KRSO worked to establish the new basket of goods and services where the base year changed from 2007 to 2012. From August 2016 and afterwards, CPI be based on the new basket.

It is worth to mention that CPI was also recalculated from January 2015 using the new basket to estimate the annual inflation rate.