Inflation in Azerbaijan
Azerbaijan - InflationThe economy picked up last year on improving non-oil activities, although protracted weakness in the oil sector—which has seen production shrink over the years—kept the overall pace of expansion sluggish. Growth was supported by an upturn in the services sector and robust agricultural output. Meanwhile, on the demand side, higher wages coupled with declining inflation likely shored up private consumption. Prospects appear more upbeat going into 2019: Growth picked up in January, with a boost in oil output and solid performances by the non-oil sectors.
Azerbaijan - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.4||1.4||4.0||12.4||12.9|
5 years of economic forecasts for more than 30 economic indicators.
Azerbaijan Inflation Chart
|Exchange Rate||1.70||-0.66 %||Mar 20|
|Stock Market||0.1||0.0 %||Mar 20|
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