Annual inflation rate in May 2018 amounts to 2.5%
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Georgia’s annual inflation rate amounted to 2.5 percent in May 2018 , while compared to the previous month the Consumer Price Index (annual inflation) remained unchanged, reports the National Statistics Office of Georgia (Geostat).
Last month prices for food and non-alcoholic beverages decreased by 0.7 percent and contributed -0.22 percentage points to the overall Consumer Price Index change.
Prices decreased for the following subgroups:
- Milk, cheese and eggs (-6.6 percent)
- Meat (-0.5 percent)
- Sugar, jam, honey, chocolate and confectionary (-0.1percent)
In the meantime, prices increased for:
- Fruit and grapes (4.0 percent)
- Vegetables (1.7 percent)
- Fish (1.5 percent)
As for transport related costs it increased by one percent and contributed 0.13 percentage points to the overall annual inflation rate.
The prices were up for subgroups of:
- Transport services (1.2 percent)
- Operation of personal transport equipment (1.2 percent)
- Meanwhile, the prices were lower for subgroup of purchase of vehicles (-1.1 percent)
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).
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).
Georgia’s monthly inflation rate amounted to 0.6 percent in January 2018, 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 June 2018, while compared to the previous month the Consumer Price Index (annual inflation) posted a 2.2 percent increase, reports the National Statistics Office of Georgia (Geostat).
Georgia’s monthly inflation rate amounted to -0.3 percent in July 2018, while annual inflation from July 2017 to July 2018 amounted to 2.8 percent, reports the National Statistics Office of Georgia (Geostat).
Prices of vegetables, milk, cheese and eggs have increased in Georgia year-on-year, shows the latest inflation data from the National Statistics Office of Georgia (Geostat).
Education costs have risen in Georgia, show the latest inflation data from the National Statistics Office of Georgia (Geostat).