Azerbaijan's monthly inflation rate rose to a four-month high of 0.7% in November 2024, up from 0.3% in each of the previous two months. Inflation Rate MoM in Azerbaijan averaged 3.30 percent from 1991 until 2024, reaching an all time high of 118.10 percent in January of 1992 and a record low of -5.93 percent in December of 1998. source: State Statistical Committee of the Republic of Azerbaijan

The Consumer Price Index in Azerbaijan increased 0.70 percent in November of 2024 over the previous month.

The Consumer Price Index in Azerbaijan increased 0.70 percent in November of 2024 over the previous month. Inflation Rate MoM in Azerbaijan is expected to be -0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Inflation Rate MoM is projected to trend around 0.20 percent in 2025 and 0.00 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-18 11:00 AM
Inflation Rate MoM
Oct 0.3% 0.3% 0.4%
2024-12-11 09:00 AM
Inflation Rate MoM
Nov 0.7% 0.3% 0.3%
2025-01-15 11:50 AM
Inflation Rate MoM
Dec 0.7% -0.1%


Related Last Previous Unit Reference
Consumer Price Index CPI 221.30 219.70 points Nov 2024
Core Inflation Rate 3.90 3.20 percent Nov 2024
Food Inflation 4.40 2.40 percent Nov 2024
GDP Deflator 98.10 97.40 points Nov 2024
Inflation Rate 4.40 3.40 percent Nov 2024
Inflation Rate MoM 0.70 0.30 percent Nov 2024
Producer Price Inflation MoM -1.10 2.50 percent Nov 2024
Producer Prices 89.00 184.30 points Dec 2023
Producer Prices Change 0.30 1.10 percent Nov 2024

Azerbaijan Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.30 118.10 -5.93 1991 - 2024 percent Monthly


News Stream
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Azerbaijan's monthly inflation rate stood at a near one-year high of 0.5% in January 2024, unchanged from the previous month. Prices went up for food products, beverages and tobacco products (1.1% vs 1% in December) and non-food products (0.1% vs flat reading). Meanwhile, prices were flat for services, after a 0.1% increase the month before.
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