Moody's reveals inflation forecasts in Azerbaijan for 2025-2026

The international rating agency Moody's forecasts average annual inflation in Azerbaijan in 2025 at about 4%, Report informs referring to the agency's forecasts.

According to Moody's estimates, in 2026, inflation in the country will slow down to about 3%.

The average annual inflation in Azerbaijan in 2024 was 2.2%. In January 2025, average annual inflation accelerated to 5.4%.

Azerbaijan's Ministry of Economy expects average annual inflation in the country at 4.6% in 2025 and 4% in 2026.

According to the forecasts of the Central Bank, inflation (annual) will be 5.5% in 2025 and 3.8% in 2026.

The UN forecasts inflation in Azerbaijan at 3.6% in 2025 and 3.1% 2026.

The international rating agency S&P Global forecasts average annual inflation in Azerbaijan this year at 4% and 3% next year.