Core consumer prices in Iraq increased 0.40 percent in November of 2019 over the same month in the previous year. Core Inflation Rate in Iraq averaged 7.90 percent from 2000 until 2019, reaching an all time high of 107.04 percent in July of 2004 and a record low of -2.10 percent in January of 2016.

Core Inflation Rate in Iraq is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Iraq to stand at 2.50 in 12 months time. In the long-term, the Iraq Core Inflation Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

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Iraq Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.40 -0.10 107.04 -2.10 2000 - 2019 percent Monthly
2012=100, NSA

Iraq Core Inflation Rate
In Iraq, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Iraq Prices Last Previous Highest Lowest Unit
Inflation Rate -0.30 -0.80 76.55 -6.37 percent [+]
Consumer Price Index CPI 104.80 104.80 107.40 86.50 points [+]
Core Consumer Prices 105.50 105.20 106.50 103.70 points [+]
Core Inflation Rate 0.40 -0.10 107.04 -2.10 percent [+]
Food Inflation -1.60 -2.40 13.27 -7.19 percent [+]
CPI Housing Utilities 114.40 113.10 120.20 109.50 points [+]
CPI Transportation 97.00 97.20 102.00 94.50 points [+]