The skyline in Azerbaijan

Azerbaijan Inflation (CPI, ann. var. %, aop)

Inflation Rate in Azerbaijan

Inflation came in at 13.6% in March, down from February’s 14.1%. Inflation is seen softening further in the coming months as the effect of recent interest rate hikes is increasingly felt. However, it is still forecast to average above the Central Bank’s 2.0–6.0% target band this year.

Azerbaijan Inflation Rate Chart

This chart displays Inflation Rate (CPI, annual variation in %) for Azerbaijan from 2013 to 2022.

Azerbaijan Inflation Rate Data

2017 2018 2019 2020 2021
Inflation (CPI, ann. var. %, aop) 12.8 2.3 2.7 2.8 6.7

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