# "Inflation, consumer prices (annual %)"
The **"Inflation, consumer prices (annual %)"** indicator measures the **annual percentage change** in the cost of a **basket of goods and services** typically purchased by **households**.
It is a **key indicator of inflation**, reflecting how much the prices of these goods and services have **increased (or decreased) over a year**.
The chart displays the **percentage change in consumer prices (inflation)** in **Iran** for the years **2000 to 2022**.
- **Inflation in Iran has been volatile**, influenced by **economic sanctions**, **fluctuating oil revenues**, and **domestic economic challenges**.
- **Recent years have experienced high inflation rates** due to these factors.