In 2025, inflation in Azerbaijan will be 4.52%, APA reports, citing “Fitch Solutions” (FS) company’s report.
In a joint report, “Bloomberg Consensus” also forecasts inflation in Azerbaijan this year to be 5.05%.
Previously, “ING Group,” the largest banking group in the Netherlands, had forecast an average annual inflation of 5.2% in Azerbaijan in 2025 and 4.9% in 2026.
The Ministry of Economy projects the annual inflation in 2025 to be 4.6%, and 4% in 2026, while the Central Bank of Azerbaijan forecasts 5.5% inflation this year and 3.8% in 2026.
According to UN expectations, inflation in Azerbaijan is projected to be 3.6% this year and 3.1% in 2026. The World Bank expects inflation in Azerbaijan to be 2.3% in 2025-2026.
International rating agencies “S&P Global” and “Moody’s” forecast an average annual inflation of 4% in Azerbaijan this year and 3% next year.
It should be noted that last year, Azerbaijan’s annual inflation was 2.2%, and in January-February 2025, it reached 5.4%.
