The annual inflation rate in Iran increased to 47.5 percent in the month of February 20th to March 20th 2019. It is the highest inflation rate in the past 5 years as food cost grew 73.2 percent. Inflation Rate in Iran averaged 13.99 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 40.00 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 18.00 percent in 2020, according to our econometric models.