Cost of food in Iran increased 55.90 percent in October of 2018 over the same month in the previous year. Food Inflation in Iran averaged 22.01 percent from 2012 until 2018, reaching an all time high of 57.90 percent in April of 2013 and a record low of 1.80 percent in May of 2016.
Food Inflation in Iran is expected to be 55.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Iran to stand at 35.00 in 12 months time. In the long-term, the Iran Food Inflation is projected to trend around 15.00 percent in 2020, according to our econometric models.