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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

37348 ­ ­ 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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Turan. Hajiyeva

Specialist of the Agricultural Research Center

   

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Tamraz. Tamrazov

Vegetable Research Institute

   

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Alamdar. Asgarov

Vegetable Research Institute

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics  

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Rashad. Huseynov

Agricultural Research Center, director

  Doctor of Philosophy in Economics  

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Zohra. Abbasova

Ph.D. student of the Agro Researches Center

   

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Rena. Musayeva

Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)

   

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Ulker. Mammadova

Ph.D. student of the Azerbaijan Cooperation University

   

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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. Hikmat

Ph.D. in agrarian sciences, docent H.N. Nasibov

   

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Ulviyya. Rasulova

Azerbaijan State University of Economics (UNEC)

   

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Ramiz. Isgandarov

Department of "Economics and Statistics" of Azerbaijan Technical University

  prof, dr  

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center