# 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 **Iraq** for the years **2000 to 2022**.