Inflation Rate in Azerbaijan increased to 5.70 percent in October from 5.20 percent in September of 2021. source: The State Statistical Committee of the Republic of Azerbaijan

Inflation Rate in Azerbaijan averaged 6.61 percent from 2007 until 2021, reaching an all time high of 25.40 percent in June of 2008 and a record low of -1.80 percent in June of 2009. This page provides the latest reported value for - Azerbaijan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Inflation Rate - values, historical data and charts - was last updated on December of 2021.

Inflation Rate in Azerbaijan is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Inflation Rate is projected to trend around 3.60 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Azerbaijan Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 5.70 5.20 percent Oct/21
Food Inflation 6.70 6.00 percent Oct/21
Consumer Price Index CPI 176.90 174.20 points Oct/21
Producer Prices Change 53.50 52.70 percent Sep/21
Producer Prices 3.60 -3.00 points Sep/21
Import Prices 127.90 123.40 points Dec/20
Export Prices 127.10 83.70 points Dec/17
Azerbaijan Inflation Rate
In Azerbaijan, the average annual inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.