Inflation in Azerbaijan
Azerbaijan - InflationThe oil sector’s sluggish outturn in January–April caused the economy to lose ground in this period when compared with the first three months of the year. Oil production withered from the same period last year, which in turn likely reduced oil export income and dragged on government revenues; at the same time, expenditures rose more rapidly on the rollout of infrastructure development projects. Non-oil activity, however, accelerated. Agricultural output picked up in the first four months, as did information and communication services, and non-oil industry maintained a strong expansion. Moreover, domestic demand seemed to remain resilient: A solid inflow of remittances likely boosted household spending, as evidenced by sustained healthy retail sales growth, while the fall in fixed investment softened.
Azerbaijan - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.4||1.4||4.0||12.4||12.9|
5 years of economic forecasts for more than 30 economic indicators.
Azerbaijan Inflation Chart
|Exchange Rate||1.70||-0.66 %||Jun 14|
|Stock Market||0.1||0.0 %||Jun 13|
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