Georgia’s annual inflation rate posts 6.9% increase
Tweet 
Share
Georgia’s annual inflation rate posted a 6.9 percent year-on-year increase, reports the National Statistics Office of Georgia (Geostat).
Meanwhile, in November 2017 the monthly inflation rate amounted to 1.1 percent.
Last month prices for food and non-alcoholic beverages increased 0.8 percent and contributed 0.26 percentage points to the overall Consumer Price Index (annual inflation) change.
The prices were higher for the following subgroups:
- Vegetables (6.5 percent)
- Sugar, jam, honey, chocolate and confectionery (1.4 percent)
- Milk, cheese and eggs (1.2 percent)
- Oils and fats (0.7 percent)
Meanwhile, prices for fruit and grapes went down (-9.2 percent) in November 2017, said Geostat.
As for transport related costs it increased by 2.8 percent and contributed 0.39 percentage points to the overall monthly inflation rate.
The prices were up for subgroups of:
- Purchase of vehicles (9.5 percent)
- Transport services (4.5 percent)
- Operation of personal transport equipment (1.6 percent)
Prices for alcoholic beverages and tobacco were 1.7 percent higher, which had an upward effect of 0.12 percentage points on monthly inflation, said Geostat.
Prices increased both for tobacco (1.9 percent) and alcoholic beverages (1.4 percent).
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 6.2 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 six 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.
Georgia’s monthly inflation rate amounted to 0.6 percent in January 2018, reports the National Statistics Office of Georgia (Geostat).
Georgia’s monthly inflation rate amounted to 0.2 percent in February 2018, reports the National Statistics Office of Georgia (Geostat).
Prices of fruit and grapes, vegetables, milk products, meat and other food products have increased in Georgia year-on-year, shows the latest inflation data from the National Statistics Office of Georgia (Geostat).
Prices of milk products, meat, fish, coffee, tea and cocoa have increased in Georgia year-on-year, shows the latest inflation data from the National Statistics Office of Georgia (Geostat).