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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

39772 ­ ­ 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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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.

   

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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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Narmin. Sattarova

Ph.D. student of the Odlar Yurdu University

   

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr  

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Yegane. Abbasova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Nurangiz. Mikayilova

Doctoral student of the Agricultural Research Center

  Ph.D., docent  

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Natig. Javadov

Azerbaijan State Agrarian University

  prof, dr  

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Javad. Gojamanov

Ph.D. student of Baku State University

   

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Tamraz. Temrazov

Vegetable Research Institute

   

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University

   

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics