Iran's point-to-point (year-on-year) inflation rate reached 87.9%, while annual or average tracked inflation ranges from roughly 61% to 66%. Food and basic goods have seen even steeper spikes, surging over 128% to 134% compared to the prior year as the Iranian rial/toman hits historic lows. Global inflation averages roughly 3.7% in 2026, with severe price surges concentrated in distressed emerging economies like Venezuela and Sudan, while major developed nations stabilize between 2% and 4%. Comprehensive global tracking data is accessible via Trading Economics. Highest Inflation Extremes Venezuela: 387.4% Sudan: 75.1% Iran: 68.9% Argentina: 33.8% Turkey (Türkiye): 31.8% Major G20 and Developed Economies Russia: 6.0% India: 4.45% Brazil: 4.44% Australia: 3.8% United States: 3.4% Canada: 3.0% United Kingdom: 2.9% Euro Area: 2.9% Germany: 2.8% France: 2.1% Japan: 1.9% China: 0.5% Switzerland: 0.4%