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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

41143 ­ ­ AZ ­ ­ 35. Januray 2021 ­ ­­ ­ food prices inflation agricultural products price stability government regulation

 

UOT: 338.43, 338.57, 339.54

Abstract

Due to the relatively high share of food prices in the consumer basket, rising food prices have a significant impact on inflation. The article examines the impact of agricultural and food prices on inflation. In this regard, food prices and inflation dynamics in Azerbaijan were analyzed. It is shown that the rise in prices for agricultural raw materials similarly affects food prices, which, in turn, affects inflation. The article also discusses the issues of state regulation in order to ensure stability in the agricultural market.

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AUTHORS

 

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Nijat. Muradov

Ph.D. student of the Institute of Economics, Ministry of Science and Education of the Republic of Azerbaijan

   

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Idris. Hojatov

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  junior researcher  

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Naila. Aliyeva

Associate professor of the Azerbaijan State Economic University (UNEC) Doctoral student of the Agro Researches Center

  Doctor of Philosophy in Economics  

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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center

   

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Murad. Hajiyev

Ph.D. student of the Agricultural Research Center

   

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Fuad. Ibrahimov

Economic issues expert of the Center for Socio-Economic and Ecological Research Public Union

  Doctor of Philosophy in Economics  

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Alizamin. Guliyev

Ph.D. candidate of the Azerbaijan Technical University

   

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Akif. Valiyev

Agricultural Economics Research Center

  Doctor of Economics  

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Aygun. Salimova

Student of Azerbaijan State University of Economics (UNEC)

   

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Vahid. Amrahov

Azerbaijan State Agricultural University

  Ph.D., docent  

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Akif. Aghbabali

Baku State University

   

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)