BAKU, Azerbaijan, June 14. Average annual
inflation in Azerbaijan is forecast to decrease to 5.3% in 2025 and
further to 4.6% in 2026, Trend reports.
The expected inflation rates are projected to remain within the
Central Bank of Azerbaijan’s target range of 4% ± 2 percentage
points.
Despite a moderate easing of inflationary pressures, Fitch does
not anticipate interest rate cuts by the Central Bank before 2026
due to ongoing inflation risks and a commitment to a restrained
monetary policy.
According to the report, annual inflation stood at 5.9% for
January-May 2025. Fitch attributes this figure partly to the low
base effect from the previous year and an increase in the minimum
wage during the first quarter of 2025.
