12:33 - 24.06.2026

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June 24, Fineko/abc.az. The Central Bank of Azerbaijan has maintained its forecast for inflation to remain within the target corridor for the current and next years, but noted the activation of external cost inflation factors.

ABC.AZ reports that according to the regulator, in May 2026, the 12-month inflation rate in the country was 5.6% (the core inflation rate was also recorded at 5.6%).

The price increase for food products, alcohol, and tobacco was 6.6%, for paid services - 5.7%, and for non-food products - 3.9%.

The CBA notes that risks of excessive expansion of domestic demand are minimal.

At the same time, the rise in global food and fertilizer prices, increase in transportation costs, import of inflation from partner countries, and slowdown in strengthening of the nominal effective exchange rate of the manat are all contributing to external pressure, which is currently being thoroughly analyzed by bank's experts.