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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

45746 ­ ­ 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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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Ayhan. Satıcı

Azerbaijan State University of Economics, PhD student

   

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Turan. Hajiyeva

Specialist of the Agricultural Research Center

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Jalal. Safarov

Ph.D. student of the Agricultural Research Center

   

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Ramiz. Isgandarov

Department of "Economics and Statistics" of Azerbaijan Technical University

  prof, dr  

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Galib. Sharifov

Head of the Department of Quality Management of "Agro Procurement and Supply" OJSC, ISO standards expert

  Doctor of Philosophy in Economics  

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Vuqar. Namazov

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

   

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Abdulrahim. Dadashov

Ph.D. candidate of UNEC, Agricultural Economics Research Center

   

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Vagif.

Center for Local Economic Reforms

  Ph.D., docent  

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Yusif. Abayev

Ph.D. student of the İnstitute of Economics of ANAS

   

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Eljan. Abbasov

Ph.D. student of Azerbaijan State Agrarian University

   

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Manzar. Nasibova

Senior researcher

   

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University