Finance Ministry: Inflation rate to be 4.6% in 2025

15:13 - 18.09.2024


September 18, Fineko/abc.az. The inflation rate in Azerbaijan will be 4.6% in 2025, ABC.AZ reports, referring to the Ministry of Finance’s preliminary indicators of the consolidated and state budgets for 2025.

The MoF also forecasts a decrease in inflation rate to 3.8% in 2028. The Ministry expects annual inflation in the country in 2024 to be 2.7%.

According to the State Statistics Committee, for Jan-Aug 2024, consumer prices increased by 1.3% versus the 2023 same term, in August - by 3.5% against the same month of 2023 and by 0.4% compared with July of this year.