Core consumer prices in Iraq increased 0.50 percent in July of 2020 over the same month in the previous year.

Core Inflation Rate in Iraq averaged 7.67 percent from 2000 until 2020, 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. This page provides the latest reported value for - Iraq Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iraq Core Inflation Rate - values, historical data and charts - was last updated on September of 2020.

Core Inflation Rate in Iraq is expected to be 2.00 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 2.00 in 12 months time. In the long-term, the Iraq Core Inflation Rate is projected to trend around 2.00 percent in 2021, according to our econometric models.

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Iraq Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.80 107.04 -2.10 2000 - 2020 percent Monthly
2012=100, NSA

Iraq Prices Last Previous Highest Lowest Unit
Inflation Rate 0.70 0.20 76.55 -6.37 percent [+]
Consumer Price Index CPI 104.10 104.30 107.40 86.50 points [+]
Core Consumer Prices 106.00 106.00 106.50 103.70 points [+]
Core Inflation Rate 0.50 0.80 107.04 -2.10 percent [+]
Food Inflation -2.80 -3.10 13.27 -7.19 percent [+]
CPI Housing Utilities 114.50 114.50 120.20 109.50 points [+]
CPI Transportation 96.10 96.10 102.00 94.50 points [+]

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.