Inflation Azerbaijan 2018
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in January at 5.5%. The lowest inflation was in October at 0.8%.
- Highest month
- January: 5.5%
- Lowest month
- October: 0.8%
- Difference
- 4.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 4.5%. The lowest price increase was in Food with an average of 2.0%.
- Highest increase
- Energy: 4.5%
- Lowest increase
- Food: 2.0%
Historical Context
Current inflation is 4.3% lower than the 5-year average of 6.6%.
- 5-year average
- 6.6%
- 10-year average
- 5.2%
- All-time high (2008)
- 20.9%
- All-time low (2012)
- 1.1%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +10.7 percentage point.
- Change vs. previous year
- -10.7 percentage points
- Largest monthly swing
- July: -13.1 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 5.5% | -6.4 |
| February | 4.0% | -9.2 |
| March | 2.5% | -12.0 |
| April | 2.1% | -12.4 |
| May | 1.9% | -13.0 |
| June | 2.3% | -11.9 |
| July | 1.5% | -13.1 |
| August | 2.2% | -12.2 |
| September | 1.7% | -10.9 |
| October | 0.8% | -11.6 |
| November | 1.3% | -9.4 |
| December | 1.6% | -6.3 |
| Average | 2.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.