Paşha Bank
Bank Of Baku

Sahil Babayev: Inflation in Azerbaijan is currently under control

Sahil Babayev: Inflation in Azerbaijan is currently under control
# 06 November 2026 13:32 (UTC +04:00)

Inflation in Azerbaijan is currently being kept at a controlled level, Finance Minister Sahil Babayev stated during discussions on the draft law "On the State Budget of the Republic of Azerbaijan for 2027" at today's joint meeting of the Milli Majlis committees on Natural Resources, Energy and Ecology, Labour and Social Policy, Health, and International Relations and Interparliamentary Relations, APA reports.

The Minister noted that the balance in the labour market is positive, with an increase of more than 50,000 employment contracts in the private sector.

"Our inflation forecast for next year is 5.3%," he said.

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THE OPERATION IS BEING PERFORMED