Consumer prices in Azerbaijan rose by 0.2% month-over-month in August 2026, rebounding from a 0.1% fall in the previous month. The recovery was largely driven by higher costs of food products, which increased by 0.3% after declining 0.4% in July, particularly for meat and fish goods. Non-food prices also rose (0.1% vs 0%), as higher costs of wallpaper, bricks, plasterboard, electrical equipment, personal hygiene products and jewelry outweighed lower prices of summer clothing, detergents and cleaning products, personal computers and tablets. Meanwhile, inflation remained steady for services at 0.2%, driven by increased prices for leisure tours and international passenger air transport services. On an annual basis, consumer prices rose by 5.7% in August, following a 5.8% gain in the preceding period. source: State Statistical Committee of the Republic of Azerbaijan
The Consumer Price Index in Azerbaijan increased 0.20 percent in August of 2026 over the previous month. Inflation Rate MoM in Azerbaijan averaged 3.16 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 October of 2026.
The Consumer Price Index in Azerbaijan increased 0.20 percent in August of 2026 over the previous month. Inflation Rate MoM in Azerbaijan is expected to be 0.60 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 0.40 percent in 2027 and 0.30 percent in 2028, according to our econometric models.