Georgia’s Annual Inflation at 0.7% in September

Georgia’s annual inflation rate amounted to 0.7% in September 2023, the National Statistics Office (Geostat) reported on October 3. On a monthly basis, meanwhile, consumer prices increased by 0.6%.

The annual inflation rate was primarily driven by price changes in miscellaneous goods and services (10.0% increase); alcoholic beverages and tobacco (5.6% increase); housing, water, electricity, gas and other fuels (5.1% increase); transport (4.3% decrease); and health (4.7% decrease).

The monthly inflation rate was mainly driven by price changes in education (5.5% increase); transport (2.6% increase); and health (0.7% increase).

Also Read:

• 05/09/2023 – Georgia’s Annual Inflation at 0.9% in August
• 03/08/2023 – Georgia’s Annual Inflation at 0.3% in July
• 03/07/2023 – Georgia’s Annual Inflation at 0.6% in June
• 02/06/2023 – Georgia’s Annual Inflation at 1.5% in May

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