Iraq's annual inflation rate rose to 4.3% in April 2026 from 2.2% in the previous month, marking the highest level since March 2023. Inflation Rate in Iraq averaged 7.65 percent from 2005 until 2026, 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. source: Central Statistical Organization Iraq

Inflation Rate in Iraq is expected to be 1.70 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 2.00 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Core Consumer Prices 110.40 109.80 points Apr 2026
Core Inflation Rate 2.60 1.80 percent Apr 2026
CPI Housing Utilities 110.10 107.80 points Apr 2026
CPI Transportation 107.80 107.20 points Apr 2026
Food Inflation 5.10 1.50 percent Apr 2026
Inflation Rate 4.30 2.20 percent Apr 2026


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
4.30 2.20 76.55 -6.37 2005 - 2026 percent Monthly
2022=100