November inflation: Cost of food, transport rises in Georgia

Month-on-month prices dropped for fruit and grapes by 9.2%. Photo by N. Alavidze/, 02 Dec 2016 - 13:42, Tbilisi,Georgia

Buying vegetables, some dairy products and eggs are more expensive in Georgia now than a month ago.

The cost of several basic foods and transport-related items rose in November, showed latest inflation data released today by the National Statistics Office of Georgia (Geostat).

Last month prices increased 0.7 percent for food and non-alcoholic beverages. In particular prices were substantially higher for:

  • Vegetables (8.7 percent)
  • Milk, cheese and eggs (3 percent)

On the other hand last month prices decreased 5.3 percent for fruit and grapes, said Geostat.

Meanwhile in November transport-related costs rose 1.8 percent, which resulted in a 0.22 percentage point contribution to the monthly inflation.

Prices were substantially higher for the subgroups of purchase of:

  • Vehicles (4 percent)
  • Operation of personal transport equipment (2 percent)
  • Transport services (1.2 percent)

In general Georgia’s monthly inflation rates amounted to 0.6 percent in November, while the annual inflation rate (Consumer Price Index change) increased 0.2 percent, said the statistics agency.