Georgia’s annual inflation rate posts 5.7% increase
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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.
Last month prices for food and non-alcoholic beverages increased 0.5 percent and contributed 0.16 percentage points to the overall Consumer Price Index (annual inflation) change.
The prices were higher for the following subgroups:
- Milk, cheese and eggs (5.4 percent)
- Fruit and grapes (1.7 percent)
In August 2017 prices decreased for vegetables (-3.8 percent).
As for transport related costs it decreased by o.7 percent and contributed -0.09 percentage points to the overall monthly inflation rate.
As Geostat reported, the monthly inflation rate was mainly influenced by price changes for the following groups:
Housing, water, electricity, gas and other fuels - prices increased 1.9 percent
Electricity, gas and other fuels - prices were up 2.9 percent
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 7.1 percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat).
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).
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.
Georgia’s annual inflation rate posted a 6.9 percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat).
Georgia’s annual inflation rate posted a 6.7 percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat). Meanwhile, in December 2017 the monthly inflation rate amounted to 0.8 percent.