Inflation Azerbaijan 2017
Average inflation: 13.0%
Current Inflation
Inflation is very high at 13.0%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 14.9%. The lowest inflation was in December at 7.9%.
- Highest month
- May: 14.9%
- Lowest month
- December: 7.9%
- Difference
- 7.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 19.6%. The lowest price increase was in Food with an average of 17.3%.
- Highest increase
- Energy: 19.6%
- Lowest increase
- Food: 17.3%
Historical Context
Current inflation is 6.4% higher than the 5-year average of 6.6%.
- 5-year average
- 6.6%
- 10-year average
- 7%
- All-time high (2008)
- 20.9%
- All-time low (2012)
- 1.1%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +0.6 percentage point.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- December: -7.8 percentage points
ECB Target
Inflation is 11.0% 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 €113.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 11.9% | -1.7 |
| February | 13.2% | +3.5 |
| March | 14.5% | +5.3 |
| April | 14.5% | +4.9 |
| May | 14.9% | +4.8 |
| June | 14.2% | +3.4 |
| July | 14.6% | +3.2 |
| August | 14.4% | +2.4 |
| September | 12.6% | -1.7 |
| October | 12.4% | -3.3 |
| November | 10.7% | -6.5 |
| December | 7.9% | -7.8 |
| Average | 13.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.