Annual Inflation at 13.7% in February

Georgia’s annual inflation rate stood at 13.7% in February, the National Statistics Office (Geostat) reported today.

On a monthly basis, meanwhile, consumer prices increased by 0.9%. 

The annual inflation rate was primarily driven by price changes in housing, water, electricity, gas and other fuels (45.8% increase); food and non-alcoholic beverages (17.3% increase); transport (14.5% increase).

The monthly inflation rate was primarily driven by price changes in cloothing and footwear (4.1% increase); food and non-alcoholic beverages (2.1% increase); alcoholic beverages and tobacco (1.3% increase); transport (1% increase).

Also Read:

• Georgia’s GDP Up 18% in January 2022
• Georgia’s Foreign Trade Up 41.2% in January 2022
• Annual Inflation Hits 13.9% in January

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