The annual inflation rate in Iran increased to 26.9 percent in July 2020, the most since December last year, from 22.5 percent in the previous month. Inflation accelerated for most categories: food & non-alcoholic beverages (20.9% vs 14.9% in June); housing & utilities (24.6% vs 21.7%); transport (55.9% vs 48.6%); furniture & household equipment (31.2% vs 26.6%); miscellaneous goods & services (29.8% vs 25.3%); communication (10.3% vs 7.0%); clothing & footwear (31.0% vs 28.0%); restaurants & hotels (21.3% vs 17.9%); recreation & culture (30.1% vs 26.5%), and tobacco (23.8% vs 16.0%). Meantime, prices of health & medical services continued to rise (23.3% vs 24.0%). On a monthly basis, consumer prices rose 6.4 percent in July, the most since May 1995.

Inflation Rate in Iran averaged 14.55 percent from 1957 until 2020, reaching an all time high of 59.02 percent in May of 1995 and a record low of -3.27 percent in April of 1958. This page provides the latest reported value for - Iran Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iran Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Inflation Rate in Iran is expected to be 30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Iran to stand at 35.00 in 12 months time. In the long-term, the Iran Inflation Rate is projected to trend around 25.00 percent in 2021, according to our econometric models.

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Iran Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
26.90 22.50 59.02 -3.27 1957 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-05-12 02:00 AM Apr 19.8% 22.0% 19%
2020-06-01 02:45 AM May 21.0% 19.8% 19%
2020-07-02 04:00 AM Jun 22.5% 21.0% 20%
2020-08-04 02:30 AM Jul 26.9% 22.5% 21%
2020-09-09 03:00 AM Aug 26.9% 23%
2020-10-13 03:00 AM Sep 30%
2020-11-13 03:00 AM Oct
2020-12-14 03:00 AM Nov


News Stream
Iran Inflation Rate Rises to 7-Month High
The annual inflation rate in Iran increased to 26.9 percent in July 2020, the most since December last year, from 22.5 percent in the previous month. Inflation accelerated for most categories: food & non-alcoholic beverages (20.9% vs 14.9% in June); housing & utilities (24.6% vs 21.7%); transport (55.9% vs 48.6%); furniture & household equipment (31.2% vs 26.6%); miscellaneous goods & services (29.8% vs 25.3%); communication (10.3% vs 7.0%); clothing & footwear (31.0% vs 28.0%); restaurants & hotels (21.3% vs 17.9%); recreation & culture (30.1% vs 26.5%), and tobacco (23.8% vs 16.0%). Meantime, prices of health & medical services continued to rise (23.3% vs 24.0%). On a monthly basis, consumer prices rose 6.4 percent in July, the most since May 1995.
2020-08-04
Iran Inflation Rate at 4-Month High of 22.5%
The annual inflation rate in Iran rose to 22.5 percent in June 2020, the most since February, from 21.0 percent in the previous month. Inflation accelerated for all categories: food & non-alcoholic beverages (14.9% vs 11.9% in May); housing & utilities (21.7% vs 21.5%); transport (48.6% vs 48.4%); furniture & household equipment (26.6% vs 25.6%); miscellaneous goods & services (25.3% vs 22.6%); health & medical services (24.0% vs 21.9%); communication (7.0% vs 6.5%); clothing & footwear (28.0% vs 22.7%); restaurants & hotels (17.9% vs 16.5%); recreation & culture (26.5% vs 24.7%), and tobacco (16.0% vs 13.9%). On a monthly basis, consumer prices increased 2.0 percent in June, the least since March.
2020-07-02
Iran Inflation Rate Accelerates to 21% in May
The annual inflation rate in Iran increased to 21.0 percent in May 2020 from 19.8 percent in the previous month. Inflation accelerated for: food & non-alcoholic beverages (11.9% vs 10.7% in April); housing & utilities (21.5% vs 20.4%); transport (48.4% vs 47.4%); furniture & household equipment (25.6% vs 25.4%); miscellaneous goods & services (22.6% vs 21.8%); health & medical services (21.9% vs 20.7%); communication (6.5% vs 4.2%); and tobacco (13.9% vs 11%). Meantime, inflation eased for: clothing & footwear (27.7% vs 28.3%); restaurants & hotels (16.5% vs 18.3%); recreation & culture (24.7% vs 25.6%). On a monthly basis, consumer prices increased 2.5 percent in May, the most since last December.
2020-06-01
Iran Inflation Rate at Over 1-1/2 Year Low of 19.8%
The annual inflation rate in Iran decreased to 19.8 percent in April 2020 from 22 percent in the previous month. This was the lowest inflation rate since July 2018, mainly due to a softer rise in prices of food & non-alcoholic beverages (10.7% vs 14.8% in March), the lowest since May 2018. Also, prices rose less for: housing & utilities (20.4% vs 22%); clothing & footwear (28.3% vs 29.7%); furniture & household equipment (25.4% vs 26.2%); restaurants & hotels (18.3% vs 25.2%); miscellaneous goods & services (21.8% vs 24.2%); health & medical services (20.7% vs 22.1%); recreation & culture (25.6% vs 26.6%); and education (20.2% vs 20.6%). Meanwhile, prices went up faster for: transport (47.4% vs 44.8%); communication (4.2% vs 3.3%); and tobacco (11% vs 8.4%). On a monthly basis, consumer prices increased 2.1 percent in April, the highest level since last December.
2020-05-12

Iran Inflation Rate
In Iran, the most important categories in the consumer price index are Housing, water, electricity, gas and other fuels (29 percent of total weight) and Food and beverages (28.5 percent of total weight). Others include: Transport (11.97 percent); Furnishings, household equipment and routine household maintenance (6 percent); Clothing and footwear (6 percent) and Health (5.5 percent). The smallest groups are Recreation and culture; Education; Restaurants and hotels; Communication; Tobacco at and Miscellaneous services and goods.