Azerbaijan’s consumer prices fell 0.1% month-on-month in July 2026, following a sharper 0.3% decline in June. The slower decline was reflected in food, alcoholic beverages and tobacco prices, which fell 0.4% after decreasing 0.7% in the previous month. Food prices alone declined 0.4%, compared with a 0.8% drop in June, mainly due to lower prices for vegetables and fruit, while egg prices increased. Meanwhile, non-food prices were unchanged after rising 0.1% in June, as higher prices for paint, passenger car spare parts and engine oils were offset by lower jewelry prices. Prices for paid services rose 0.3%, following a 0.1% rise in June, driven by higher apartment rents, domestic leisure tours and catering services. On an annual basis, consumer prices rose by 5.8% in July, the same pace as in the preceding period and still the highest reading since October last year. source: State Statistical Committee of the Republic of Azerbaijan
The Consumer Price Index in Azerbaijan decreased 0.10 percent in July of 2026 over the previous month. Inflation Rate MoM in Azerbaijan averaged 3.17 percent from 1991 until 2026, reaching an all time high of 118.10 percent in January of 1992 and a record low of -5.93 percent in December of 1998. This page provides the latest reported value for - Azerbaijan Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.
The Consumer Price Index in Azerbaijan decreased 0.10 percent in July of 2026 over the previous month. Inflation Rate MoM in Azerbaijan is expected to be 0.20 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 MoM is projected to trend around 0.00 percent in 2027, according to our econometric models.