Inflation Azerbaijan 2011

Average inflation: 7.9%

Current Inflation

Inflation is very high at 7.9%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 9.5%. The lowest inflation was in December at 5.7%.

Highest month
February: 9.5%
Lowest month
December: 5.7%
Difference
3.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 10.7%. The lowest price increase was in Energy with an average of 5.2%.

Highest increase
Food: 10.7%
Lowest increase
Energy: 5.2%

Historical Context

Current inflation is 2.7% lower than the 5-year average of 10.6%.

5-year average
10.6%
10-year average
10.2%
All-time high (2008)
20.9%
All-time low (2009)
1.6%

Trend

Inflation shows an upward trend. Compared to 2010, inflation has risen by +2.2 percentage point.

Change vs. previous year
+2.2 percentage points
Largest monthly swing
January: +6.5 percentage points

ECB Target

Inflation is 5.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €107.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food
10.7%
+2.8vs avg.
More details →
Energy
5.2%
-2.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2010
January 8.3% +6.5
February 9.5% +5.7
March 9.3% +3.5
April 8.9% +2.8
May 8.5% +2.3
June 8.4% +2.4
July 7.6% +2.6
August 7.5% +1.8
September 7.8% +1.6
October 6.8% -0.1
November 6.1% -1.2
December 5.7% -2.2
Average 7.9%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also