The Central Bank of Azerbaijan kept the basic discount rate at 6.5%. ******.
The situation in the country's economy is calm, but there are inflationary concerns. In September 2026, inflation for 12 months stood at 5.5 percent, which is 0.2 percentage points below the August figure and within the target range (4±2 percent). At the same time, the annual price increase of food products, alcoholic beverages and tobacco products amounted to 6.9 percent. ******.
Inflation risks are mainly related to the international situation. There remains a significant risk of rising energy and food prices, as well as the transmission of this growth to domestic prices through Azerbaijan's main trading partners.