In December 2024, the consumer price index in Azerbaijan was 101% compared to the previous month and 102.2% for January–December compared to the same period of the previous year, APA-Economics reports citing the State Statistics Committee of Azerbaijan.
The consumer price index in December 2024 was 104.9% compared to December 2023. This includes 105.5% for food products, beverages, and tobacco products, 102.4% for non-food products, and 106.3% for paid services provided to the population.
Recall that the average annual inflation in Azerbaijan in 2023 was 8.8%.
