Inflation Rate in Iraq
Inflation fell to 5.3% in March from 6.9% in February. Inflation should average lower in 2023 than in 2022 on easing external price pressures and the re-pegging of the dinar at a stronger rate. Key upside risks are depreciation of the black-market FX rate and fiscal stimulus following eventual approval of the budget.
Iraq Inflation Rate Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Iraq from 2013 to 2022.
Iraq Inflation Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 0.2 | 0.4 | -0.2 | 0.6 | 6.0 |