The annual (point-to-point) inflation rate in Iran eased to 34.5% in October (Mehr) of 2024 from 31.2% in the preceding month. It marked the highest reading since February (Bahman). Inflation Rate in Iran averaged 16.29 percent from 1957 until 2024, 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. source: Statistical Center of Iran

Inflation Rate in Iran decreased to 31.20 percent in September from 31.60 percent in August of 2024.

Inflation Rate in Iran decreased to 31.20 percent in September from 31.60 percent in August of 2024. Inflation Rate in Iran is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iran Inflation Rate is projected to trend around 30.00 percent in 2025 and 28.00 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Consumer Price Index CPI 271.80 264.70 points Oct 2024
CPI Housing Utilities 252.40 245.30 points Sep 2024
CPI Transportation 241.80 240.40 points Sep 2024
Export Prices 207.70 193.40 points Jun 2024
Food Inflation 23.80 24.40 percent Sep 2024
Import Prices 628.70 487.70 points Jun 2024
Inflation Rate YoY 34.50 31.20 percent Oct 2024
Inflation Rate MoM 2.70 1.70 percent Oct 2024
Producer Prices 1065.70 1051.80 points Apr 2024

Iran Inflation Rate
In Iran, the most important categories in the consumer price index are Housing, water, electricity, gas and other fuels (36.1 percent of total weight) and Food and beverages (28.8 percent of total weight). Others include: Transport (8.9 percent); Health (6.7 percent); Clothing and footwear (4.5 percent) and Furnishings, household equipment and routine household maintenance (4.4 percent). The smallest groups are Recreation and culture; Education; Restaurants and hotels; Communication; Tobacco at and Miscellaneous services and goods.
Actual Previous Highest Lowest Dates Unit Frequency
34.50 31.20 59.02 -3.27 1957 - 2024 percent Monthly
2021=100, NSA


News Stream
Iran Inflation Rate Slows to 4-Month Low in September
The annual (point-to-point) inflation rate in Iran eased to 31.2% in September (Shahrivar) of 2024 from 31.6% in the preceding month. It marked the lowest reading since May (Ordibehesht) as prices of food and non alcoholic beverages (% vs 24.4% in August) rose at the slowest pace in four months. Other contributors the increase were housing, water, electricity, gas and other fuels (41.5% vs 42.1%); transport (28.9% vs 28.4%); health (27.8% vs 28.2%); clothing and footwear (41.5% vs 32.1%), and furnishings, and household equipment (24.6% vs 23.9%). On a monthly basis, consumer prices went up by 1.7%, following a 2.2% increase in the previous month.
2024-10-08
Iran Inflation Rate Rises to 3-Month High in June
The annual (point-to-point) inflation rate in Iran picked up to 31.9% in June (Khordad) of 2024 from 31% in the preceding month. It pointed to the highest reading since March (Esfand) mostly due to the rise in cost of food and non alcoholic beverages (25.8% vs 22.7% in May) which continued to rise for the fourth month. Other contributors the increase were housing, water, electricity, gas and other fuels (41.2% vs 41.8%); transport (21.7% vs 26%); health (33.2% vs 30.3%); clothing and footwear (34.1% vs 35.5%), and furnishings, and household equipment (25.5% vs 27%). On a monthly basis, consumer prices went up by 2.7%, the same pace as in the previous month.
2024-07-17
Iran Inflation Rate at Near 2-Year Low
The annual (point-to-point) inflation rate in Iran eased to 35.8 percent in February of 2024 from 38.5 percent in the previous month. It marked the lowest inflation rate since April 2022, with food prices rising the least since September 2020 (31.6% vs 38.9% in January). Also, prices moderated for transport (29.6% vs 38.8%); health (32.1% vs 35.5%); clothing and footwear (44.3% vs 46%), and furnishings, and household equipment (33.5% vs 34.3%). Meanwhile, costs of housing, water, electricity, gas and other fuels accelerated slightly (40.7% vs 40.6%). On a monthly basis, prices increased by 1.4%, the least since May 2021, following a 2.6% gain in the previous month.
2024-02-28