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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

42324 ­ ­ 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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Alamdar. Asgarov

Vegetable Research Institute

   

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Murad. Hajiyev

Ph.D. student of the Agricultural Research Center

   

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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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Aygun. Huseynova

Baku State University

   

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center

   

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Manzar. Nasibova

Senior researcher

   

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Naila. Aliyeva

Associate professor of the Azerbaijan State Economic University (UNEC) Doctoral student of the Agro Researches Center

  Doctor of Philosophy in Economics  

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Vagif.

Center for Local Economic Reforms

  Ph.D., docent  

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Chilenay. Abishova

Ph.D. student of the Agricultural Economics Research Center

   

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Ali. Zingirov

Azerbaijan State Agrarian University

  Исполняющий обязанности доцента, доктор философии по технике  

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Esmira. Latifova

Director Adviser, Agricultural Economics Research Center

   

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Uhayna. Valehzadeh

Ph.D. student of the Agricultural Research Center Lecturer at Azerbaijan Tourism and Management University

   

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Abrehet. Mehari

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