Inflation data: Price for food, non-alcoholic beverages increases by 1.5% in August
In the reporting period prices decreased for fruit and grapes (-16.2 percent). Photo: N. Alavidze/Agenda.ge.
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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).
In August 2018 the prices of food and non-alcoholic beverages increased by 1.5 percent, contributing 0.44 percentage points to the annual inflation.
Prices increased for the following subgroups:
- Vegetables (16.4 percent)
- Milk, cheese and eggs (4.8 percent)
Along with this, prices decreased for fruit and grapes (-16.2 percent).
In the group of clothing and footwear, prices decreased by 1.1 percent. Prices within the group decreased for footwear (-1.3 percent), as well as for clothing (-1.1 percent).
In general, in August 2018 the consumer price index increased by 0.5 percent compared to the previous month, while the annual inflation rate amounted to 3.1 percent, said 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).
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 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).
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).
Education costs have risen in Georgia, show the latest inflation data from the National Statistics Office of Georgia (Geostat).
Prices for clothing and footwear have increased in Georgia, show the latest inflation data from the National Statistics Office of Georgia (Geostat).
Georgia’s monthly inflation posted a 0.7% increase in November 2018, while the annual inflation rate amounted to 1.9%, reports the National Statistics Office of Georgia (Geostat). Last month prices for food and non-alcoholic beverages increased by 1.4%.
Prices of bread and cereals, vegetables, milk, cheese and eggs, fish, fruit and grapes have increased in Georgia, reports the National Statistics Office of Georgia (Geostat).In December 2018 the prices of food and non-alcoholic beverages increased by 2.3%.