Consumer prices in Azerbaijan rose by 1.6 percent in December month-on-month after rising 1.5 percent in November, the State Statistics Committee said.

Annual inflation in December was 6.7 percent, up from 6.2 percent in November this year.

Azerbaijan forecast annual inflation at 6 percent in 2021, up from 2.8 percent in 2020. The central bank projected annual inflation in a range of 6.2-6.5 percent.