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Home 35. Januray 2021 The impact of agricultural and food prices on inflation in Аzerbaijan

The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami
nramazanova2018@gmail.com

45470 ­ ­ AZ ­ ­ 35. Januray 2021 ­ ­­ ­ food prices inflation agricultural products price stability government regulation

 

UOT: 338.43, 338.57, 339.54

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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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Hagar. Namazova

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

   

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Savalan. Seyfaddinov

Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan

  Ph.D. in Agrarian Sciences  

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Eljan. Abbasov

Ph.D. student of Azerbaijan State Agrarian University

   

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics

   

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Ali. Zingirov

Azerbaijan State Agrarian University

  Исполняющий обязанности доцента, доктор философии по технике  

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Samir. Agayev

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

   

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Javad. Gojamanov

Ph.D. student of Baku State University

   

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Khayala. Guliyeva

Ph.D. student of the Agricultural Research Center

   

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Rafiz. Ismayilli

student of the Agricultural Economics Research Center

   

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Huseynaga. Asadov

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  Ph.D., ass, pr  

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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Arshad. Yashar

Head of land identification and geographical data sector of the Land use Control Department of the Ministry of Agriculture of the Republic of Azerbaijan

   

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Ceyran. Babirova

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

   

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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