The Azerbaijani government forecasts that the annual inflation in the country will be 5.3% in 2027.
“Elchi” reports this citing the Ministry of Finance.
The forecast was prepared by the Ministry of Economy, taking into account the actual inflation level during the current year, the relative decline in global commodity and food prices and its impact on import prices, the dynamics of the nominal effective exchange rate index, assumptions of a stable exchange rate, and the effects of changes in regulated tariffs for goods and services. The ministry expects annual inflation in the country to be 5.7% in 2025.
According to the State Statistical Committee, consumer prices in January-August of this year increased by 5.7% compared to the same period in 2024, by 5.7% in August compared to the same month last year, and by 0.2% compared to July of this year.