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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

40529 ­ ­ 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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Hamza. Khalilov

Agricultural Economics Research Center, Advisor to the director

  prof, dr  

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Saadat. Guliyeva

Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Натиг. Гаджиев

Doctor of Science Program of Agricultural Research Center

  Ph.D., docent  

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Tamraz. Temrazov

Vegetable Research Institute

   

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Yunus. Sadigov

Azerbaijan National Academy of Sciences, Institute of Economics, Lead Researcher

  Ph.D., docent  

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Rafiz. Ismayilli

student of the Agricultural Economics Research Center

   

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center

   

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Azer. Gurbanzadeh

Azerbaijan Cooperation University

  Ph.D., docent  

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Nurida. Gasimova

Ph.D. student of Azerbaijan University of Cooperation

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University

   

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Lala. Jabbarlı

Ph.D. student of the Agricultural Economics Research Center

   

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics