The International Monetary Fund (IMF) has announced its forecast for Iraq’s inflation rate in 2028.

The International Monetary Fund (IMF) has announced its forecast for Iraq’s inflation rate in 2028.

The International Monetary Fund (IMF) predicted on Monday that Iraq’s inflation rate will decline in 2028.

According to IMF data reviewed by Shafaq News Agency, Iraq’s annual inflation rate in 2024 was 3.6%, compared to 5.3% in 2023, and 5% in 2022.

The IMF also expects Iraq’s inflation rate to decline to 2% in 2028.

In Arabic, the Fund indicated that expectations indicate that Kuwait’s inflation rate will decline in 2028 to 1.9%, while Sudan will have the highest inflation rate, at 39%.

The Iraqi Ministry of Planning announced yesterday, Sunday, a slight increase in the inflation rate during September, according to field monitoring of consumer prices conducted by teams from the General Authority for Statistics and Geographic Information Systems in all governorates.

Shafaq.com