Consumer prices in Azerbaijan rose by 1.1 percent in February month-on-month after rising 1.6 percent in January, the State Statistics Committee said.

Annual inflation reached 11.9 percent.

In 2021, annual inflation in Azerbaijan was 6.7 percent.

The government forecasts annual inflation at 4 percent in 2022, while the central bank projects it in a range of 6.6-7.1 percent.