Inflation Iraq 2019
Average inflation: -0.2%
Current Inflation
There is deflation with consumer prices declining by 0.2%.
Peak and Trough
The highest inflation was in March at 1.4%. The lowest inflation was in July at -1.6%.
- Highest month
- March: 1.4%
- Lowest month
- July: -1.6%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 0.0%. The lowest price increase was in Energy with an average of -1.3%.
- Highest increase
- Food: 0.0%
- Lowest increase
- Energy: -1.3%
Historical Context
Current inflation is around the 5-year average of 0.3%.
- 5-year average
- 0.3%
- 10-year average
- 0.3%
- All-time high (2016)
- 0.6%
- All-time low (2019)
- -0.2%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (-0.6 percentage point).
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- July: -3.3 percentage points
ECB Target
Inflation is 2.2% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 0.6% | +0.2 |
| February | 0.4% | +0.5 |
| March | 1.4% | +2.2 |
| April | 0.7% | +2.0 |
| May | -0.8% | -1.5 |
| June | -1.0% | -2.7 |
| July | -1.6% | -3.3 |
| August | -0.3% | -0.5 |
| September | -0.9% | -1.0 |
| October | -0.8% | -1.9 |
| November | -0.3% | -1.1 |
| December | 0.1% | +0.2 |
| Average | -0.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.