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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

41142 ­ ­ 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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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Ramil. Aliyev

Ph.D. student of the Agricultural Research Center

   

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Anar. Abbasov

Azerbaijan University of Cooperation

  prof, dr  

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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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Javad. Gojamanov

Ph.D. student of Baku State University

   

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

   

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Jalal. Safarov

Ph.D. student of the Agricultural Research Center

   

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Galib. Hajiyev

Department of “Economy of enterprise” of Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Savalan. Seyfaddinov

Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan

  Ph.D. in Agrarian Sciences  

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Натиг. Гаджиев

Doctor of Science Program of Agricultural Research Center

  Ph.D., docent  

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Khaliq. Ghafarli

Ph.D. student of the Agricultural Research Center

   

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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Akif. Valiyev

Agricultural Economics Research Center

  Doctor of Economics  

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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center