Inflation in Azerbaijan projected to fall to 4.3% by 2031

The Azerbaijani government forecasts a decline in average annual inflation between 2027 and 2030, Report informs, citing the Ministry of Finance.

By the end of 2026, average annual inflation in the country will stand at 5.7%.

According to projections, inflation will fall to 5.3% in 2027, then to 4.8% in 2028, 4.6% in 2029, and 4.3% in 2030.

Meanwhile, in 2025, average annual inflation in Azerbaijan was 5.6%.