The annual inflation rate in Iran surged to 36.9 percent in October of 2018 from 31.4 percent in the previous month. It is the highest inflation rate since September of 2013. Prices increased faster for all main categories: housing & utilities (12.8 percent from 12.3 percent in September); food & beverages (55.9 percent from 46.5 percent); transport (58.6 percent from 54.9 percent); furniture & household equipment (71.8 percent from 52.6 percent); clothing & footwear (39.3 percent from 28.1 percent); health (19.1 percent from 17.1 percent); recreation & culture (80 percent from 70 percent); education (19.1 percent from 14.5 percent); restaurant & hotels (28.2 percent from 23.7 percent); communication (49.1 percent from 43.2 percent); tobacco (165.3 percent from 125.6 percent), and miscellaneous goods & services (59 percent from 43.4 percent). On a monthly basis, consumer prices rose 4.6 percent, following a 6.1 percent gain in September. Inflation Rate in Iran averaged 13.92 percent from 1957 until 2018, 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.

Inflation Rate in Iran is expected to be 45.00 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 32.00 in 12 months time. In the long-term, the Iran Inflation Rate is projected to trend around 18.00 percent in 2020, according to our econometric models.

Iran Inflation Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-21 02:30 AM Inflation Rate YoY 18% 13.7% 14%
2018-09-25 03:15 AM Inflation Rate YoY 24.2% 18% 18.5%
2018-10-20 10:00 AM Inflation Rate YoY 31.4% 24.2% 25%
2018-11-23 02:30 AM Inflation Rate YoY 36.9% 31.4% 36.3%
2018-12-26 07:30 AM Inflation Rate YoY 36.9% 41%
2019-01-24 02:00 AM Inflation Rate YoY 45%
2019-03-05 02:00 AM Inflation Rate YoY


Iran Prices Last Previous Highest Lowest Unit
Inflation Rate 36.90 31.40 59.02 -3.27 percent [+]
Consumer Price Index CPI 148.40 141.90 148.40 0.90 Index Points [+]
Producer Prices 176.00 157.80 176.00 0.90 Index Points [+]
Food Inflation 55.90 46.50 57.90 1.80 percent [+]
Inflation Rate Mom 4.60 6.05 7.69 -4.17 percent [+]
CPI Housing Utilities 121.50 120.40 121.50 99.00 Index Points [+]
CPI Transportation 169.10 164.00 169.10 99.50 Index Points [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
36.90 31.40 59.02 -3.27 1957 - 2018 percent Monthly
2016=100




Country Last Previous
Argentina 48.00 Nov/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 2.00 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 2.33 Nov/18
Indonesia 3.23 Nov/18
Italy 1.60 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.20 Nov/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.20 Nov/18


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