forecast

Azerbaijan's Central Bank Confirms Inflation Forecast for 2026–2027
The Central Bank of Azerbaijan maintains its average annual inflation forecast at 6.1% for 2026 and 5.8% for 2027, according to Governor Taleh Kazimov.

WTO: Geopolitical Conflicts Will Reshape Global Trade for Years
WTO Director-General Ngozi Okonjo-Iweala said the wars in Ukraine and the Middle East will have a long-term impact on global trade flows. The organization forecasts Middle East exports will fall 17% in 2026.

Airbus: Aviation Services Market to Grow 3.8% Annually, Reaching $420 Billion by 2045
Airbus forecasts a 3.8% average annual growth for the global air transport market over 20 years. By 2045, the aviation services market will double to $420 billion, and the global fleet will exceed 45,550 aircraft.

IMF Improves Azerbaijan GDP Growth Forecast for 2026
The IMF expects Azerbaijan's economy to grow by 1.7% in 2026 and 2.3% in 2027, according to the new World Economic Outlook report.

IMF Expects Azerbaijan's Inflation to Slow to 5.6% by 2027
According to a new IMF report, inflation in Azerbaijan will decline from 5.8% in 2026 to 5.6% in 2027. The 2026 forecast was revised downward.

Azerbaijan's Inflation Reaches 5.7% by End of September 2026
Azerbaijan's average annual inflation at the end of September 2026 was 5.7%, according to the State Statistics Committee. The Ministry of Economy's forecast for 2026 is also 5.7%.

Russia's Weekly Inflation Accelerates to 0.96% on Utility Tariff Indexation
Inflation in Russia from September 29 to October 5 reached 0.96%, up from 0.12% a week earlier. The acceleration was driven by the indexation of utility tariffs from October 1.

World Bank forecasts Azerbaijan's GDP growth to accelerate to 1.8% in 2027
The World Bank expects Azerbaijan's economic growth to slow to 1.2% in 2026, then accelerate to 1.8% in 2027 and 1.9% in 2028.

EIA: Global Liquid Fuel Production to Fall to 101.09 Million Barrels per Day in 2026
The EIA expects global oil and other liquid fuel production to decline by 5.2 million barrels per day in 2026 to 101.09 million barrels. In 2027, output is projected to rise to 109.55 million barrels per day.

EIA: Global Oil Production to Fall 4.7% in 2026, Rise 8.1% in 2027
The U.S. Energy Information Administration forecasts global crude oil production will drop to 75.40 million barrels per day in 2026 and rise to 81.50 million barrels per day in 2027.

Azerbaijan's Cabinet Approves 2027 Budget Drafts
Azerbaijan's government has approved the draft state and consolidated budgets for 2027, as well as consolidated budget targets for the following three years.

ADB cuts Azerbaijan's 2026 GDP growth forecast to 1.6%
The Asian Development Bank lowered its forecast for Azerbaijan's economic growth in 2026 from 2% to 1.6%, keeping its 2027 estimate at 1.8%.

EIA Keeps Azerbaijan Oil Output Forecast for 2027
The U.S. Energy Information Administration expects Azerbaijan's oil production in 2027 to average 520,000 barrels per day.

Anthropic Forecasts Revenue Up to $200 Billion by 2028
Anthropic expects annual revenue to grow to $190-200 billion by 2028, four times current levels. The forecast is used to value the company ahead of a potential IPO.

CBO Raises US Budget Deficit Forecast for 2026 to $2.1 Trillion
The US Congressional Budget Office has revised its 2026 budget deficit forecast upward by $200 billion to $2.1 trillion, citing lower-than-expected tariff revenues.

EIA Forecasts Azerbaijan Oil Production at 520,000 bpd in 2027
The U.S. Energy Information Administration expects Azerbaijan's average daily oil production to reach 520,000 barrels in 2027.

US Energy Department Raises Brent Price Forecast for 2026 to $86.81
The US Energy Information Administration has raised its Brent oil price forecast for 2026 to $86.81 per barrel amid the renewed blockade of the Strait of Hormuz.

EIA Lowers Global Oil Demand Forecast for 2026, Raises 2027 Outlook
The U.S. Energy Information Administration has revised its global liquid fuels demand forecast downward for 2026 but raised it for 2027.

EIA Keeps Azerbaijan Oil Output Forecast for 2026 Unchanged
The U.S. Energy Information Administration (EIA) has maintained its forecast for Azerbaijan's oil production in 2026 at 550,000 barrels per day.

Azerbaijan's Social Insurance Revenues Exceed Forecast by 6.3%
In January-July 2026, revenues from mandatory state social insurance in Azerbaijan exceeded the forecast by 6.3%, according to the State Social Protection Fund.

Bloomberg: Germany's GDP to Grow 1.1% in 2027
Analysts forecast Germany's GDP to grow 1.1% in 2027 and 1.2% in 2028, driven by infrastructure and defense spending.

Musk Predicts Disappearance of Browsers Due to AI Agents
Elon Musk agrees with a forecast that traditional web browsers may disappear as AI agents evolve, replacing websites and programs.

ING Forecasts Central Bank of Azerbaijan to Hold Key Rate at 6.5% Through 2026
The Central Bank of Azerbaijan is expected to keep its key rate at 6.5% throughout 2026, according to analysts at Dutch financial group ING.

ING Assesses Azerbaijan's Economic Prospects for 2026
International financial group ING expects Azerbaijan's state budget surplus to reach 5% of GDP and current account surplus to hit 11% of GDP in 2026.