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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

39782 ­ ­ 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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Anar. Azimov

The Agrarian Services Agency at the Ministry of Agriculture of the Republic of Azerbaijan

   

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr  

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Natig. Javadov

Azerbaijan State Agrarian University

  prof, dr  

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Irada. Huseynova

Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS

  academician  

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Натиг. Гаджиев

Doctor of Science Program of Agricultural Research Center

  Ph.D., docent  

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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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Фамиль. Рустамов

Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department

  Ph.D., docent  

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Boyukxanum. Abdulkarim

Baku State University

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Rashad. Huseynov

Agricultural Research Center, director

  Doctor of Philosophy in Economics  

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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Arastun. Jalilov

  Doctor of Philosophy in Economics  

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Zohra. Abbasova

Ph.D. student of the Agro Researches Center

   

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Javid. Hasanov

Senior specialist, Agricultural Research Center Ph.D. student of the Agricultural Research Center

   

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Samir. Maharramov

Doctoral student of Azerbaijan Tourism and Management University