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 |