Home 35. Januray 2021 The impact of agricultural and food prices on inflation in Аzerbaijan

The impact of agricultural and food prices on inflation in Аzerbaijan

	Nazrin Ramazanova Nizami
	Master of Azerbaijan State University of Economics (UNEC)
	nramazanova2018@gmail.com

29420 AZ 35. Januray 2021 food prices inflation agricultural products price stability government regulation

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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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Natig. Javadov

Azerbaijan State Agrarian University

prof, dr

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Фамиль. Рустамов

Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department

Ph.D., docent

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Najiba. Hajiyeva

Baku State University

Doctor of Philosophy in Economics

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

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Zaur. Asadov

Azerbaijan State Oil and Industrial University

Doctor of Philosophy in Economics

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Lala. Jabbarlı

Ph.D. student of the Agricultural Economics Research Center

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Mushfiga. Mammadova

Agricultural Economics Research Center

Ph.D., docent

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Abdulrahim. Dadashov

Ph.D. candidate of UNEC, Agricultural Economics Research Center

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

prof, dr

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Yegane. Abbasova

Azerbaijan State Agrarian University

Doctor of Philosophy in Economics

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Isak. Hasanov

Head of Shamkir Support Point

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Shamil. Rajabov

Special Constructor Technology Bureau of the National Aerocosmic Agency

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Agshin. Huseynzade

Master of Azerbaijan State University of Economics (UNEC)

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Ibrahim. Jafarov

Azerbaijan State Agricultural University

Corresponding member of ANAS, prof

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Ulviyya. Rasulova

Azerbaijan State University of Economics (UNEC)