Wednesday 26 March 2025 01:16 GMT

Diverging Forecasts On Azerbaijan's 2025 Inflation Rate


(MENAFN- AzerNews) Akbar Novruz Read more

Various international and national institutions have projected different inflation rates for Azerbaijan in 2025, with estimates ranging between 2.3% and 5.5%, Azernews reports.

According to a report by Fitch Solutions (FS), Azerbaijan's inflation rate is expected to be 4.52% this year. Meanwhile, Bloomberg Consensus projected it slightly higher at 5.05%.

Other forecasts include:

  • ING Group (Netherlands' largest banking group): 5.2% in 2025, declining to 4.9% in 2026.

  • Azerbaijan's Ministry of Economy: 4.6% in 2025, 4% in 2026.

  • Central Bank of Azerbaijan: 5.5% in 2025, 3.8% in 2026.

  • United Nations (UN): 3.6% in 2025, 3.1% in 2026.

  • World Bank: 2.3% for both 2025 and 2026.

  • S&P Global and Moody's: 4% in 2025, 3% in 2026.

Last year, Azerbaijan's average annual inflation stood at 2.2%, while in January-February 2025, it reached 5.4%.

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