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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

43218 ­ ­ 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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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Namig. Shalbuzov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Ruhiyya. Mammadrzayeva

Research Institute of Plant Protection and Technical Plants

   

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Arshad. Yashar

Head of land identification and geographical data sector of the Land use Control Department of the Ministry of Agriculture of the Republic of Azerbaijan

   

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Alamdar. Asgarov

Vegetable Research Institute

   

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Ali. Zingirov

Azerbaijan State Agrarian University

  Исполняющий обязанности доцента, доктор философии по технике  

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Khaliq. Ghafarli

Ph.D. student of the Agricultural Research Center

   

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Elnara. Kazimova

Azerbaijan State Agrarian University

  senior lecturer  

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Nargiz. Hasanova

Azerbaijan State Agrarian University

   

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Chilenay. Abishova

Ph.D. student of the Agricultural Economics Research Center

   

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Hijran. Mirzayeva

Head of the Department of the Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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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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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics  

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University