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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

45459 ­ ­ 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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Manzar. Nasibova

Senior researcher

   

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Shamil. Rajabov

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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Rovshan. Guliyev

Azerbaijan State Economic University (UNEC)

  prof, dr  

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Aydin. Asgarov

Institute of Genetic Resources of ANAS

   

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Javad. Gojamanov

Ph.D. student of Baku State University

   

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Maarif. Yusiphov

Vegetable Research Institute

   

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. Shahla

Baku State University

   

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Tamraz. Tamrazov

Vegetable Research Institute

   

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Vusala. Nagiyeva

Azerbaijan Cooperation University

  Ph.D., docent  

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Novruz. Rahimov

Ph.D. student of the Azerbaijan Cooperation University