Cost of food in Azerbaijan increased 17.90 percent in May of 2022 over the same month in the previous year. source: The State Statistical Committee of the Republic of Azerbaijan
Food Inflation in Azerbaijan averaged 6.53 percent from 2010 until 2022, reaching an all time high of 18.27 percent in January of 2016 and a record low of -1 percent in January of 2010. This page provides the latest reported value for - Azerbaijan Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Food Inflation - values, historical data and charts - was last updated on July of 2022.
Food Inflation in Azerbaijan is expected to be 18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Food Inflation is projected to trend around 8.00 percent in 2023 and 5.00 percent in 2024, according to our econometric models.