Inflation edged down to 13.6% in January from December’s 13.9%. The downtick was chiefly driven by softer price pressures for food items. Inflation is forecast to decline further this year as the effect of higher interest rates is increasingly felt. However, it is seen averaging above the Central Bank’s 2.0–6.0% target band.
Azerbaijan Exchange Rate (AZN per EUR, aop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (AZN per EUR, aop) | 1.94 | 2.00 | 1.90 | 1.94 | 2.01 |