Core Consumer Price Inflation for Iran, Islamic Republic of

IRNPCPICOREPCHPT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

28.87

Year-over-Year Change

-6.48%

Date Range

1/1/2007 - 1/1/2025

Summary

The Core Consumer Price Inflation for Iran measures changes in the prices of consumer goods and services, excluding volatile food and energy items. This metric is a key indicator of underlying inflationary pressures in the Iranian economy.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Core Consumer Price Inflation for Iran is a closely watched economic indicator that provides insight into general price movements, excluding transitory factors. It serves as an important tool for policymakers and analysts to assess the long-term health and stability of the Iranian economy.

Methodology

The data is collected and calculated by the Central Bank of Iran based on a comprehensive basket of consumer goods and services.

Historical Context

This metric is widely used by the Iranian government, central bank, and international institutions to inform monetary and fiscal policies.

Key Facts

  • Iran's core inflation rate was 40.1% in 2022.
  • The core CPI excludes volatile food and energy prices.
  • The Central Bank of Iran uses this metric to guide monetary policy decisions.

FAQs

Q: What does this economic trend measure?

A: The Core Consumer Price Inflation for Iran measures changes in the prices of a broad basket of consumer goods and services, excluding volatile food and energy items.

Q: Why is this trend relevant for users or analysts?

A: This metric provides a better gauge of underlying inflationary pressures in the Iranian economy, helping policymakers and analysts assess the long-term health and stability of prices.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Central Bank of Iran based on a comprehensive basket of consumer goods and services.

Q: How is this trend used in economic policy?

A: The core inflation rate is a key input for the Iranian government and central bank in formulating monetary and fiscal policies to manage inflation and promote economic stability.

Q: Are there update delays or limitations?

A: The core CPI data for Iran is published monthly with a slight delay, and may be subject to revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Core Consumer Price Inflation for Iran, Islamic Republic of (IRNPCPICOREPCHPT), retrieved from FRED.