Inflation rate in Azerbaijan eased to 1.6 percent month-over-month in October 2022, easing from a near seven-year high of 3.1 percent in September. Prices rose at a softer pace for all categories: food products (2.2 percent vs 3.4 percent); non-food products (1.3 percent vs 2.4 percent); and services (0.9 percent vs 3.3 percent). On a yearly basis, inflation rate accelerated to 13.7 percent in October, the highest in five years. source: State Statistical Committee of the Republic of Azerbaijan

Inflation Rate MoM in Azerbaijan averaged 0.55 percent from 1995 until 2022, reaching an all time high of 12.50 percent in February of 1995 and a record low of -5.93 percent in December of 1998. This page provides the latest reported value for - Azerbaijan Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Inflation Rate MoM in Azerbaijan is expected to be 0.90 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 0.50 percent in 2023 and 0.40 percent in 2024, according to our econometric models.

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Azerbaijan Inflation Rate MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-10-14 09:15 AM Sep 3.1% 0.9% 0.7%
2022-11-14 01:20 PM Oct 1.6% 3.1% 2.4%
2022-12-09 01:00 PM Nov 1.6% 1.5%


Related Last Previous Unit Reference
Inflation Rate MoM 1.60 3.10 percent Oct 2022

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
1.60 3.10 12.50 -5.93 1995 - 2022 percent Monthly

News Stream
Azerbaijan Monthly Inflation Rate Eases in October
Inflation rate in Azerbaijan eased to 1.6 percent month-over-month in October 2022, easing from a near seven-year high of 3.1 percent in September. Prices rose at a softer pace for all categories: food products (2.2 percent vs 3.4 percent); non-food products (1.3 percent vs 2.4 percent); and services (0.9 percent vs 3.3 percent). On a yearly basis, inflation rate accelerated to 13.7 percent in October, the highest in five years.
2022-11-14
Azerbaijan Inflation Rate Highest Since January 2016
Inflation rate in Azerbaijan jumped 3.1 percent month-over-month in September 2022, following a 0.9 percent rise in August. It is the highest monthly inflation rate since January 2016, as prices accelerated for food products (3.5% vs 1.3%), notably vegetables (10.3% vs 3.1%) and egg (12.5% vs 5.6%); non-food products (2.4% vs 0.6%) and services (3.3% vs 0.7%). On a yearly basis, inflation rose to 15.6 percent from 14.2 percent in the previous month.
2022-10-14