Inflation Azerbaijan 2016
Average inflation: 12.4%
Current Inflation
Inflation is very high at 12.4%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 17.2%. The lowest inflation was in March at 9.2%.
- Highest month
- November: 17.2%
- Lowest month
- March: 9.2%
- Difference
- 8.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 13.8%. The lowest price increase was in Energy with an average of 6.9%.
- Highest increase
- Food: 13.8%
- Lowest increase
- Energy: 6.9%
Historical Context
Current inflation is 8.1% higher than the 5-year average of 4.3%.
- 5-year average
- 4.3%
- 10-year average
- 7.4%
- All-time high (2008)
- 20.9%
- All-time low (2012)
- 1.1%
Trend
Inflation shows an upward trend. Compared to 2015, inflation has risen by +8.4 percentage point.
- Change vs. previous year
- +8.4 percentage points
- Largest monthly swing
- November: +13.6 percentage points
ECB Target
Inflation is 10.4% 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 €112.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 13.6% | +13.4 |
| February | 9.7% | +5.8 |
| March | 9.2% | +4.7 |
| April | 9.6% | +5.5 |
| May | 10.1% | +5.8 |
| June | 10.8% | +6.3 |
| July | 11.4% | +6.9 |
| August | 12.0% | +7.6 |
| September | 14.3% | +10.8 |
| October | 15.7% | +12.3 |
| November | 17.2% | +13.6 |
| December | 15.7% | +8.1 |
| Average | 12.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.