February inflation: consumer price index up 1.1%, annual inflation amounts to 3.6%
Prices in the group of restaurants and hotels increased by 3.7%. Photo: Nino Alavidze/Agenda.ge.
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The prices of food, non-alcoholic beverages, transport and restaurants and hotels have increased in Georgia month-on-month, according to the latest inflation data from the National Statistics Office of Georgia (Geostat).
Specifically, the prices of food and non-alcoholic beverages increased 1.1%. Prices increased for:
- Sugar, jam, honey, chocolate and confectionery (5.4%)
- Oils and fats (4.9%)
- Fruit and grapes (2.6%)
- Mineral waters, soft drinks, fruit and vegetable juices (2.3%)
- Vegetables (1.9%)
- Bread and cereals (1.5%)
At the same time, the prices were lower for milk, cheese and eggs (-2.7%).
Transport prices increased by 2.5%. Within the group, prices increased for operation of personal transport equipment (3.7%).
Prices in the group of restaurants and hotels increased by 3.7%.The prices were higher for following subgroups:
- Catering services (3.8%)
- Accommodation services (2.9%)
Overall, in February 2021 the consumer price index increased 1.1% compared to the previous month, while the annual inflation rate amounted to 3.6%.
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 6.6%, while the annual core inflation without tobacco amounted to 6.3%", said Geostat.
As for annual inflation, prices increased in the group of food and non-alcoholic beverages (+6.2%), health (+9.8%), furnishings, household equipment and maintenance (+12.3%), alcoholic beverages and tobacco (8.1%) and housing, water, electricity, gas and other fuels (21.2%).
The prices of food, non-alcoholic beverages, transport and housing, water, electricity, gas and other fuels have increased in Georgia month-on-month, according to the latest inflation data from the National Statistics Office of Georgia (Geostat).
The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, decreased by 1 per cent in December 2020 compared to the previous month, while the annual inflation rate amounted to 2.4 percent, says data from the National Statistics Office of Georgia.
The prices of food, non-alcoholic beverages, transport and household equipment have increased in Georgia month-on-month, according to the latest inflation data from the National Statistics Office of Georgia (Geostat).
The prices of food and non-alcoholic beverages, clothing and footwear, transport, health, have increased in Georgia month-on-month, according to the latest inflation data from the National Statistics Office of Georgia (Geostat).
In March 2021 the consumer price index increased by 4.2% compared to the previous month, while the annual inflation rate amounted to 7.2%, according to the latest inflation data from the National Statistics Office of Georgia (Geostat).
In April 2021 the consumer price index increased by 0.9% compared to the previous month, while the annual inflation rate amounted to 7.2%, according to the latest inflation data from the National Statistics Office of Georgia (Geostat).
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).