CBA: Annual inflation in Azerbaijan remains on projected trajectory

Annual inflation in Azerbaijan corresponds to the projected trajectory, Report with reference to the Central Bank of Azerbaijan (CBA).

According to the bank, in April 2025, the 12-month inflation was 6.3%, and the monthly inflation was 0.3%. The annual price increase for food products and services was 7.6%, and for non-food products - 2.7%. Annual core inflation was 4.8%.

The CBA notes that in recent months, the uncertainty of external factors affecting inflation remains high.

According to the International Monetary Fund, in April 2025, the commodity price index decreased by 1% on a monthly basis and by 4.6% on an annual basis. The weighted average annual inflation among trading partners in April of this year was 9.6% compared to the same month last year.

The CBA highlighted that taking into account internal and external factors, the forecast for annual inflation for 2025-2026 remains unchanged.

At the same time, the regulator emphasizes that a decrease in external factors of uncertainty in inflation may lead to a decrease in the key rate.