October 2019: annual inflation reaches 6.9 per cent

Monthly inflation in Georgia increased by 0.8 per cent, while the annual inflation rate amounted to 6.9 per cent, show the latest inflation data from the National Statistics Office of Georgia (Geostat).

Prices for food and non-alcoholic beverages in Georgia increased by 1.6 percent compared to the previous month. It contributed 0.5 per cent of the overall monthly inflation.  

In particular monthly prices increased in the following subgroups:

• Milk, cheese and eggs - 2.7%
• Meat - 2.3%
• Vegetables - 1.7%
• Oils and fats - 1.6%
• Fish - 1.4%
• Fruit and grapes – 1%

Monthly prices also increased in the following groups:

• Clothing and footwear - 5.9%
• Recreation and culture - 0.7%
• Furnishings, household equipment and maintenance - 0.6%
• Education - 0.4%
• Housing, water, electricity, gas and other fuels - 0.2%
• Communication – 0.1%

Monthly prices decreased in the following groups:

• Transport - 0.3%
• Health - 0.2%
• Restaurants and hotels - 0.1%