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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

45538 ­ ­ 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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Samir. Akhmedov

Ph.D. student of the Agricultural Economics Research Center

   

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Azer. Gurbanzadeh

Azerbaijan Cooperation University

  Ph.D., docent  

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Alizamin. Guliyev

Ph.D. candidate of the Azerbaijan Technical University

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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Khayyam. Javadzadeh

Azerbaijan State University of Economics, UNEC

  Ph.D., docent  

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr  

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Chilenay. Abishova

Ph.D. student of the Agricultural Economics Research Center

   

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Ayaz. Museyibov

Center for Analysis of Economic Reforms and Communication

   

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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Ulviyya. Rasulova

Azerbaijan State University of Economics (UNEC)

   

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Ramil. Aliyev

Ph.D. student of the Agricultural Research Center

   

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Namig. Shalbuzov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Tamraz. Tamrazov

Vegetable Research Institute

   

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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center