Azerbaijan - Consumer price inflation

1.9 (%) in 2018

In 2018, inflation rate for Azerbaijan was 1.9 %. Though Azerbaijan inflation rate fluctuated substantially in recent years, it tended to increase through 1999 - 2018 period ending at 1.9 % in 2018.

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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.