Georgia’s Annual Inflation at 8.1% in February
Georgia’s annual inflation rate amounted to 8.1% in February, the National Statistics Office (Geostat) reported on March 2. On a monthly basis, meanwhile, consumer prices decreased by 0.3%.
The annual inflation rate was primarily driven by price changes in food and non-alcoholic beverages (14% increase); housing, water, electricity, gas, and other fuels (12.4% increase); and health (7.6% decrease).
Looking at food and non-alcoholic beverages, prices increased for the following subgroups: vegetables (25.8%); bread and cereals (21%); milk, cheese and eggs (17.2%); coffee, tea and cocoa (14.5%); mineral waters, soft drinks, fruit and vegetable juices (12.2%); fish (12.1%); meat (10.2%); sugar, jam, honey, chocolate and confectionery (9.8%); prices decreased on fruit and grape (-0.3%).
The monthly inflation rate was mainly driven by price changes in food and non-alcoholic beverages (1.2% increase); health (4.9% decrease); transport (1.5% decrease).
Also Read:
- 03/02/2023 – Georgia’s Annual Inflation at 9.4% in January
- 06/01/2023 – Georgia’s Annual Inflation at 9.8% in December
- 02/12/2022 – Georgia’s Annual Inflation at 10.4% in November
- 03/11/2022 – Georgia’s Annual Inflation at 10.6% in October
- 03/10/2022 – Georgia’s Annual Inflation at 11.5% in September
- 02/09/2022 – Georgia’s Annual Inflation at 10.9% in August
- 03/08/2022 – Annual Inflation at 11.5% in July
- 04/07/2022 – Annual Inflation at 12.8% in June
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