Cost of food in Iraq decreased 0.10 percent in February of 2026 over the same month in the previous year. Food Inflation in Iraq averaged 1.71 percent from 2011 until 2026, reaching an all time high of 13.27 percent in April of 2012 and a record low of -7.20 percent in January of 2024. source: Central Statistical Organization Iraq
Food Inflation in Iraq is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Food Inflation is projected to trend around 3.00 percent in 2027, according to our econometric models.