Iraqi markets face broad price increases
Iraqi markets are experiencing a noticeable increase in the prices of goods and products, due to rising transportation costs, higher taxes on imported goods, and global supply chain disruptions. This surge has led to a decline in citizens' purchasing power and a decrease in sales, resulting in the closure of some shops and a reduction in the volume of products sold, especially in the telecommunications, food, and bakery sectors. These circumstances occur amid an economic decline that reflects market instability and its negative impact on the lives of Iraqi families.
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