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Monday June 16 2025

Azerbaijan’s economic indicators improve on back of non oil sector gains

16 June 2025 19:15 (UTC+04:00)
Azerbaijan’s economic indicators improve on back of non oil sector gains
Akbar Novruz
Akbar Novruz
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In May 2025, Azerbaijan's economy showed a mixed performance as the country grappled with inflationary pressures, a weakening oil sector, and modest yet promising non-oil sector growth. Official data released by the State Statistics Committee outlines a complex picture: while consumer prices continue to rise, signs of economic recovery are becoming evident through increased non-oil output and export diversification.

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