Cost of food in Azerbaijan increased 4.80 percent in March of 2021 over the same month in the previous year. source: The State Statistical Committee of the Republic of Azerbaijan
Food Inflation in Azerbaijan averaged 6.18 percent from 2010 until 2021, reaching an all time high of 18.27 percent in January of 2016 and a record low of -1 percent in January of 2010. This page provides the latest reported value for - Azerbaijan Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Food Inflation - values, historical data and charts - was last updated on April of 2021.
Food Inflation in Azerbaijan is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Azerbaijan to stand at 3.80 in 12 months time. In the long-term, the Azerbaijan Food Inflation is projected to trend around 3.50 percent in 2022 and 4.50 percent in 2023, according to our econometric models.