Iran Inflation Rate

Last Release

Sep 30, 2024

Actual

31.2

Units In

31.6

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
59.02 May 1995	-3.27 Apr 1958	16.17 %	1957-2024	Statistical Center of Iran

In Iran, the most important categories in the consumer price index are Housing, water, electricity, gas and other fuels (29 percent of total weight) and Food and beverages (28.5 percent of total weight). Others include: Transport (11.97 percent); Furnishings, household equipment and routine household maintenance (6 percent); Clothing and footwear (6 percent) and Health (5.5 percent). The smallest groups are Recreation and culture; Education; Restaurants and hotels; Communication; Tobacco at and Miscellaneous services and goods.

Latest Updates

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.