Baku: Azerbaijan’s inflation forecast for 2025 has been revised, with expectations now set at an average annual rate of 5.4 percent. This adjustment follows an earlier prediction made in August, which had pegged the figure at 4.6 percent.
According to Azeri-Press News Agency, the Ministry of Finance attributes this revision to several influencing factors. These include the actual inflation rate recorded in the previous period of the current year, fluctuations in global commodity and food prices, and their subsequent impact on import prices. Additionally, modifications in regulated tariffs for goods and services were also cited as contributing factors to the new forecast.