Inflation Iran 2022

Average inflation: 43.1%

Current Inflation

Inflation is very high at 43.1%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 51.4%. The lowest inflation was in March at 34.7%.

Highest month
July: 51.4%
Lowest month
March: 34.7%
Difference
16.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 33.3%. The lowest price increase was in Energy with an average of 30.0%.

Highest increase
Core inflation: 33.3%
Lowest increase
Energy: 30.0%

Historical Context

Current inflation is 7.9% higher than the 5-year average of 35.2%. This approaches the highest level since records began (44.0% in 2021).

5-year average
35.2%
10-year average
25.8%
All-time high (2021)
44%
All-time low (2016)
7.3%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by -0.9 percentage point.

Change vs. previous year
-0.9 percentage points
Largest monthly swing
March: -14.0 percentage points

ECB Target

Inflation is 41.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €143.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Month overview

Month Inflation Difference vs. 2021
January 35.9% -10.3
February 35.4% -12.8
March 34.7% -14.0
April 35.6% -13.9
May 39.3% -7.6
June 50.2% +2.6
July 51.4% +7.7
August 50.0% +6.8
September 47.4% +3.7
October 45.8% +6.6
November 45.4% +9.8
December 46.1% +11.0
Average 43.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also