Fitch Solutions (FS) forecasts Azerbaijan’s annual inflation to stay below 5% over the next decade.
The country's average inflation over the past ten years was 5.5%. While high food prices and the Russia-Ukraine war continue to exert pressure, inflation is expected to ease gradually.
FS projects inflation at 4% in 2025, rising to 4.7% by 2027, then slowing to 2.7% in 2029 and 0.1% by 2034. The exchange rate is expected to remain stable, supported by steady oil and gas revenues.
The Central Bank of Azerbaijan (CBA) targets inflation at 4±2% and relies on exchange rate control for price stability. Unlike the sharp devaluation in 2015, CBA is now in a stronger position, though high dollarization (48.4% of deposits in foreign currency) limits monetary policy effectiveness.
A four-year plan aims for inflation targeting by 2026, potentially increasing exchange rate flexibility.
Azerbaijan has unveiled plans to export renewable electricity to Türkiye through the Nakhchivan Autonomous Republic, with a projected capacity of up to 1 gigawatt.
Two Armenian teenagers who accidentally crossed into Azerbaijani territory have been safely returned, easing tensions after a brief border incident.
Azerbaijan marked its National Day at Expo 2025 in Osaka, Japan, with a cultural celebration that highlighted the country’s heritage, innovation, and growing global partnerships. The event took place at Azerbaijan’s national pavilion, which has become one of the most visited at the exhibition since
Armenian Prime Minister Nikol Pashinyan extended greeting to the Republic of Azerbaijan and its people on the occasion of Eid al-Adha, in a message posted on X (formerly Twitter).
Azerbaijan’s ambassador to the UK has dismissed allegations that Armenian oligarch Ruben Vardanyan is being subjected to a “kangaroo court,” citing international rulings that back the legitimacy and transparency of the trial.
Germany’s new government has launched a major program aimed at boosting investment and helping Europe’s largest economy recover after two years of decline.
]The third annual AI Film Festival opened Thursday night in New York, offering a glimpse into what artificial intelligence can now do on the big screen.
A local dive team has solved a nearly 140-year-old maritime mystery by identifying the wreck of the SS Nantes off the coast of Devon.
India’s central bank made a bigger-than-expected interest rate cut, lowering the repo rate by half a percent to 5.5%, the lowest level in three years.
Twenty-two crew members were safely rescued after a cargo ship carrying 3,000 vehicles, including 800 electric cars, caught fire in the North Pacific near Alaska’s Aleutian Islands.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A strong 6.3 magnitude earthquake shook Japan’s Hokkaido prefecture early Monday, causing no reported injuries or damage, and no tsunami warning was issued, officials confirmed.
Peace talks between Russia and Ukraine ended abruptly in Istanbul on Monday, lasting just over an hour amid mounting tensions following a major Ukrainian drone strike on Russian strategic bombers and renewed pressure from the U.S. for a breakthrough.
The first-ever high-level international conference on glacier melt has wrapped up in Dushanbe, bringing together more than 2,500 delegates from 80 countries.
Azerbaijan has unveiled plans to export renewable electricity to Türkiye through the Nakhchivan Autonomous Republic, with a projected capacity of up to 1 gigawatt.
Two Armenian teenagers who accidentally crossed into Azerbaijani territory have been safely returned, easing tensions after a brief border incident.
Global investors remained wary on Friday after a closely watched phone call between U.S. President Donald Trump and Chinese President Xi Jinping failed to deliver concrete progress on trade. Chinese markets reflected the cautious sentiment, with modest declines across key indices.
Uzbekistan secured a place at the FIFA World Cup for the first time in their history, earning a landmark qualification following a 0-0 draw with the United Arab Emirates in Abu Dhabi on Thursday.
Germany’s new government has launched a major program aimed at boosting investment and helping Europe’s largest economy recover after two years of decline.
]The third annual AI Film Festival opened Thursday night in New York, offering a glimpse into what artificial intelligence can now do on the big screen.
A local dive team has solved a nearly 140-year-old maritime mystery by identifying the wreck of the SS Nantes off the coast of Devon.
India’s central bank made a bigger-than-expected interest rate cut, lowering the repo rate by half a percent to 5.5%, the lowest level in three years.
Twenty-two crew members were safely rescued after a cargo ship carrying 3,000 vehicles, including 800 electric cars, caught fire in the North Pacific near Alaska’s Aleutian Islands.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment