Inflation Rate in Iraq decreased to 4 percent in April from 5.26 percent in March of 2023. source: Central Bank of Iraq

Inflation Rate in Iraq averaged 8.57 percent from 2005 until 2023, reaching an all time high of 76.55 percent in August of 2006 and a record low of -6.37 percent in October of 2009. This page provides the latest reported value for - Iraq Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iraq Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Inflation Rate in Iraq is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Inflation Rate is projected to trend around 3.20 percent in 2024 and 2.90 percent in 2025, according to our econometric models.

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Iraq Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2013-11-18 08:40 AM Oct 2013 3.1% 0.3% 1.09%
2013-12-16 11:20 AM Nov 2013 2.7% 3.1% 0.6%

Related Last Previous Unit Reference
Inflation Rate 4.00 5.26 percent Apr 2023
Core Inflation Rate 5.00 6.00 percent Mar 2023
Core Consumer Prices 123.10 123.50 points Mar 2023
Food Inflation 8.72 9.33 percent Mar 2023
CPI Transportation 125.70 124.20 points Mar 2023
CPI Housing Utilities 118.90 124.00 points Mar 2023

Iraq Inflation Rate
In Iraq, the most important components in the Consumer Price Index are Food and Non-Alcoholic Beverages (30 percent of the total weight); Housing and Utilities (25 percent); and Transportation (15 percent). House Supplies, Equipment & Maintenance account for 7 percent; Clothing and Footwear for 6 percent; Miscellaneous Services and Goods for 5 percent; and Health for 4 percent. Tobacco, Communication, Recreation and Culture, Education, Restaurants and Hotels account for the remaining 8 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
4.00 5.26 76.55 -6.37 2005 - 2023 percent Monthly