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Iran's annual inflation hits 76.8% over 12 months

31-10-2026 09:14 AM


Ammon News - Iran’s Statistical Center has released the Consumer Price Index for October 2026. According to the report, the Consumer Price Index for households across the country reached 761.8, representing an increase of 4.4% compared to the previous month, an increase of 88.7% compared to the same month last year, and an increase of 76.8% over the 12-month period ending in October 2026 compared to the corresponding period a year earlier.

Year-on-year inflation refers to the percentage change in the Consumer Price Index compared to the same month of the previous year. In October 2026, year-on-year inflation for households across the country stood at 88.7%. This means that, on average, households spent 88.7% more in October 2026 than in October 2025 to purchase the same basket of goods and services. The year-on-year inflation rate in October decreased by 1.1 percentage points compared to September.

Monthly inflation refers to the percentage change in the Consumer Price Index compared to the previous month. In October 2026, monthly inflation for households across the country stood at 4.4%. Monthly inflation was 2.4% for the major category of “food, beverages, and tobacco” and 5.8% for the major category of “non-food goods and services.”

The annual inflation rate refers to the percentage change in the average Consumer Price Index over the 12 months ending in the current month compared to the corresponding period a year earlier. In October 2026, the annual inflation rate for households across the country reached 76.8%, an increase of 3.2 percentage points compared to the previous month’s reported rate.

The country’s annual inflation rate in October 2026 stood at 76.8%. Across household expenditure deciles, annual inflation ranged from 74.8% for the tenth decile (the highest-spending households) to 85.8% for the second decile.

Accordingly, the inflation gap between expenditure deciles reached 11.0 percentage points in October, down by 0.1 percentage point from 11.1 percentage points in the previous month.




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