Core consumer prices in Iraq decreased 0.40 percent in October of 2018 over the same month in the previous year. Core Inflation Rate in Iraq averaged 8.37 percent from 2000 until 2018, 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 0.20 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 2.30 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.