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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

35421 ­ ­ 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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Maarif. Yusiphov

Vegetable Research Institute

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics  

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Jalal. Safarov

Ph.D. student of the Agricultural Research Center

   

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Anar. Azimov

The Agrarian Services Agency at the Ministry of Agriculture of the Republic of Azerbaijan

   

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Lala. Jabbarlı

Ph.D. student of the Agricultural Economics Research Center

   

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Vuqar. Namazov

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)

   

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Aykhan. Gadashov

Head of the portal azexport.az Ph.D. student of the Agricultural Research Center

   

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Ayaz. Museyibov

Center for Analysis of Economic Reforms and Communication

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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Novruz. Rahimov

Ph.D. student of the Azerbaijan Cooperation University

   

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University

   

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.