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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

32289 ­ ­ 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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Khaliq. Ghafarli

Ph.D. student of the Agricultural Research Center

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Turaj. Musayev

Agricultural Economics Research Center, leading specialist

   

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Elay. Zeynalli

Azerbaijan State Agrarian University

   

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Narmin. Sattarova

Ph.D. student of the Odlar Yurdu University

   

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.

   

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. Shahla

Baku State University

   

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr  

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Ruhiyya. Mammadrzayeva

Research Institute of Plant Protection and Technical Plants

   

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Vugar. Mehdiyev

h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation

  Ph.D., docent  

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Arastun. Jalilov

  Doctor of Philosophy in Economics