May 2021: prices of transport, restaurants, hotels, furnishings, household equipment, up in Georgia

The prices of transport, restaurants and hotel food, furnishings, household equipment and maintenance have increased in Georgia month-on-month, according to the latest inflation data from the National Statistics Office of Georgia (Geostat).

In May 2021 transport prices increased by 2%. Within the group, prices increased for operation of personal transport equipment (2.8%).

Prices in the group of restaurants and hotels increased by 1.4%. The prices increased for accommodation services (2.5%) and catering services (1.3%).

Prices in the group of furnishings, household equipment and maintenance increased by 1.7%.

The prices were higher for the following subgroups: 

• Furniture and furnishings, carpets and other floor coverings (3.4%)
• Glassware, tableware and household utensils (3.2%)
• Tools and equipment for house and garden (2.2%)
• Goods and services for routine household maintenance (2.1%)
• Household textiles (2%)

Overall, in May 2021 the consumer price index increased 0.7% compared to the previous month, while the annual inflation rate amounted to 7.7%.

With regard to annual core inflation, which  is calculated by excluding the groups of food and non-alcoholic beverages, energy, regulated tariffs, transport from the consumer basket, the prices increased by 6.5%, while the annual core inflation without tobacco amounted to 6.4%", said Geostat.

As for annual inflation, prices increased in the group of transport (+17.4%), health (+13.4%), housing, water, electricity, gas and other fuels (+6.6%) and food and non-alcoholic beverages (+3.3%).