Trading Economics updates inflation forecast for Azerbaijan in 2025

The international economic statistics platform, Trading Economics, has revised its inflation forecast for Azerbaijan for 2025.

The updated projection indicates that inflation in Azerbaijan will range between 4 per cent and 4.5 per cent throughout the year, Caliber.Az reports citing local media.

Trading Economics expects inflation to reach 4.5 per cent in the first quarter of 2025. It forecasts a slight decline to 4.2 per cent in the second quarter, followed by a further dip to 4 per cent in the third quarter. However, inflation is expected to rise again to 4.2 per cent in the final quarter of the year.

For comparison, the State Statistics Committee of Azerbaijan reported that inflation in the country was 4.4 per cent from January to November 2024.

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Azerbaijan Indicators - was last updated on January 6, 2025.

By Vafa Guliyeva