Inflation Iran 2023
Average inflation: 45.3%
Current Inflation
Inflation is very high at 45.3%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 55.7%. The lowest inflation was in October at 39.2%.
- Highest month
- April: 55.7%
- Lowest month
- October: 39.2%
- Difference
- 16.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 41.8%. The lowest price increase was in Energy with an average of 38.0%.
- Highest increase
- Core inflation: 41.8%
- Lowest increase
- Energy: 38.0%
Historical Context
Current inflation is 4.6% higher than the 5-year average of 40.7%. This approaches the highest level since records began (45.3% in 2023).
- 5-year average
- 40.7%
- 10-year average
- 26.6%
- All-time high (2023)
- 45.3%
- All-time low (2016)
- 7.3%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by +2.2 percentage point.
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- March: +20.5 percentage points
ECB Target
Inflation is 43.3% 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 €145.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 48.2% | +12.3 |
| February | 50.1% | +14.7 |
| March | 55.2% | +20.5 |
| April | 55.7% | +20.1 |
| May | 54.6% | +15.3 |
| June | 42.7% | -7.5 |
| July | 39.4% | -12.0 |
| August | 39.7% | -10.3 |
| September | 39.5% | -7.9 |
| October | 39.2% | -6.6 |
| November | 39.2% | -6.2 |
| December | 40.2% | -5.9 |
| Average | 45.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.