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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

21856 ­ ­ AZ ­ ­ 35. Januray 2021 ­ ­­ ­ food prices inflation agricultural products price stability government regulation

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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Samir. Agayev

Ph.D. student of Azerbaijan State Economic University (UNEC)

   

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Farman. Karimov

Research Institute of Plant Protection and Technical Plants

   

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Sarvan. Jafarov

Ph.D. student of the Agricultural Economics Research Center

   

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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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Elay. Zeynalli

Azerbaijan State Agrarian University

   

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Said. Mustafayev

Ph.D. student of the Agricultural Research Center

   

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Vuqar. Namazov

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

   

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Mushfiga. Mammadova

Agricultural Economics Research Center

  Ph.D., docent  

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Shamil. Rajabov

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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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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Zohra. Abbasova

Ph.D. student of the Agro Researches Center

   

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Maarif. Yusiphov

Vegetable Research Institute