The inflation rate in Azerbaijan was recorded at 2.90 percent in August of 2020.
Inflation Rate in Azerbaijan averaged 6.84 percent from 2007 until 2020, 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 September of 2020.
Inflation Rate in Azerbaijan is expected to be 2.10 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 2.60 in 12 months time. In the long-term, the Azerbaijan Inflation Rate is projected to trend around 4.00 percent in 2021, according to our econometric models.