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Geostat: Annual Inflation 6.4% in February

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Georgia’s annual inflation stood at 6.4% in February 2020, while on a monthly basis prices increased by 0.3%, the National Statistics Office (Geostat) reported on March 2.

The annual inflation rate was driven by price changes in the group of food and non-alcoholic beverages (up by 12.7% y/y); and restaurants and hotels (up by 8.7% y/y).

The monthly inflation rate was driven by price changes in the group of food and non-alcoholic beverages (up by 1.3%); clothing and footwear (down by 3.1%); and transport (down by 0.7%).

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