Georgia’s annual inflation rate posts 7.1% increase
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Georgia’s annual inflation rate posted a 7.1 percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat).
Meanwhile, in June 2017 the monthly inflation rate amounted to -0.4 percent.
Prices for food and non-alcoholic beverages decreased 1.5 percent and contributed -0.45 percentage points to the overall Consumer Price Index (annual inflation) change.
The prices were higher for the following subgroups:
- Vegetables (- nine percent)
- Milk, cheese and eggs (-2.1 percent)
- Oils and fats (-1.1 percent)
- Fruit and grapes (-0.9 percent)
In June 2017 prices increased (2.5 percent) for alcoholic beverages and tobacco with a relevant ontribution of 0.17 percentage points to the overall monthly inflation rate.
The prices increased both for:
- Tobacco (3.6 percent) and
- Alcoholic beverages (1.3 percent)
Georgia’s annual inflation rate posted a 6.6 percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat).
Georgia’s monthly inflation amounted to 0.1 percent in April, while annual inflation increased 6.1 percent, reports the National Statistics Office of Georgia (Geostat).
Vegetables, milk products, eggs, coffee, tea and cocoa became more affordable in March, while prices for fruit, grape, oils and fats grew more expensive, reflects inflation data published by the National Statistics Office of Georgia (Geostat).
Meat, vegetables, fruit, coffee and tea became more expensive in February, while prices for dairy products dropped, reflect inflation data published by the National Statistics Office of Georgia (Geostat).
Georgia’s annual inflation rate posted a six percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat).
Georgia’s annual inflation rate posted a 5.7 percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat). Meanwhile, in August 2017 the monthly inflation rate amounted to 0.2 percent.
Georgia’s annual inflation rate posted a 6.2 percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat).
The National Statistics Office of Georgia (Geostat) reports that in October 2017 the monthly inflation rate amounted to 0.8 percent.