The Dutch company ING Group predicts that the average annual inflation in Azerbaijan will be 2.2% in 2024, 4.7% in 2025 and 4.5% in 2026.
Oku.Az reports that the information on this subject was published with reference to the report of the company “ING Group”.
According to the updated calculations, the inflation forecast for the current year and 2025 has been increased by 0.7 percentage points, and for 2026 by 0.3 percentage points.
According to updated forecasts, average annual inflation in Azerbaijan is expected to be 3.2% in the third quarter of 2024 and 4.5% in the fourth quarter.
Average annual inflation in Azerbaijan is projected at 5.5% in Q1 2025, 5.9% in Q2, 4% in Q3, and 3.6% in Q4.
According to the State Statistics Committee, consumer prices in Azerbaijan increased by 1% in January-July this year compared to the same period in 2023.
The Ministry of Economy predicts that the average annual inflation in Azerbaijan will be 2.7% in 2024.
The Central Bank of Azerbaijan predicts that the average annual inflation in the country will be 5.4% in 2024 and 5.5% in 2025.
