Inflation in June: price for food, non-alcoholic beverages decreases by 3.9%

In particular, prices decreased for vegetables, fruit and grapes. Photo: Nino Alavidze/, 03 Jul 2019 - 18:40, Tbilisi,Georgia

The price of food and non-alcoholic beverages decreased by 3.9% in June 2019, show the latest inflation data by the National Statistics Office of Georgia (Geostat).

In particular, prices decreased for the following subgroups:

  • Vegetables (-27.9%)
  • Fruit and grapes (-5.8%)

In the meantime, prices increased for sugar, jam, honey, chocolate and confectionery (1.3%), also for milk, cheese and eggs (0.7 percent).

Prices went up by 0.9% in the group of transport. The prices increased for both:

  • Purchase of vehicles (1.1%) and
  • For operation of personal transport equipment (1%)

Health-related cost also increased by 0.8%. The prices increased for medical products, appliances and equipment (1.9 percent).

Overall, Georgia’s monthly inflation posted a one per cent decrease in June 2018, while the annual inflation rate amounted to 4.3%.