Inflation Rate in Azerbaijan increased to 3.70 percent in February from 3.30 percent in January of 2021. source: The State Statistical Committee of the Republic of Azerbaijan

Inflation Rate in Azerbaijan averaged 6.71 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 April of 2021.

Inflation Rate in Azerbaijan is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Azerbaijan to stand at 3.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.30 25.40 -1.80 2007 - 2021 percent Monthly

Azerbaijan Prices Last Previous Highest Lowest Unit
Inflation Rate 3.70 3.30 25.40 -1.80 percent [+]
Inflation Rate Mom 1.60 1.20 12.50 -5.93 percent [+]
Import Prices 127.90 123.40 127.90 100.40 points [+]
Food Inflation 4.90 4.60 18.27 -1.00 percent [+]
Export Prices 127.10 83.70 149.00 54.90 points [+]
GDP Deflator 99.30 96.50 233.70 63.90 points [+]
Consumer Price Index CPI 172.08 169.37 172.08 105.30 points [+]
Producer Prices 10.90 7.90 121.70 -6.60 points [+]
Producer Prices Change -6.60 -24.80 92.70 -51.50 percent [+]


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.