Iraq inflation rate for 2022 was 4.99%, a 1.05% decline from 2021.
Iraq inflation rate for 2021 was 6.04%, a 5.47% increase from 2020.
Iraq inflation rate for 2020 was 0.57%, a 0.77% increase from 2019.
Iraq inflation rate for 2019 was -0.20%, a 0.57% decline from 2018.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
