Inflation Iraq 2017
Average inflation: 0.2%
Current Inflation
Inflation is very low at 0.2%, well below the ECB target.
Peak and Trough
The highest inflation was in April at 1.0%. The lowest inflation was in January at -0.9%.
- Highest month
- April: 1.0%
- Lowest month
- January: -0.9%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 2.5%. The lowest price increase was in Food with an average of -2.1%.
- Highest increase
- Energy: 2.5%
- Lowest increase
- Food: -2.1%
Historical Context
Current inflation is around the 5-year average of 0.4%. This approaches the lowest level since records began (0.2% in 2017).
- 5-year average
- 0.4%
- 10-year average
- 0.4%
- All-time high (2016)
- 0.6%
- All-time low (2017)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2016, the difference is minimal (-0.4 percentage point).
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- February: -3.3 percentage points
ECB Target
Inflation is 1.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | -0.9% | -3.2 |
| February | -0.8% | -3.3 |
| March | 0.3% | -1.8 |
| April | 1.0% | -0.2 |
| May | 0.1% | -1.1 |
| June | -0.1% | -0.6 |
| July | 0.5% | +0.9 |
| August | 0.2% | +0.6 |
| September | 0.4% | 0.0 |
| October | 0.1% | -0.2 |
| November | 0.7% | +2.1 |
| December | 0.8% | +2.3 |
| Average | 0.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.