The transportation sub-index of the CPI basket in Georgia decreased to 100.63 Index Points in August of 2019 from 101.81 Index Points in July of 2019. CPI Transportation in Georgia averaged 101.41 Index Points from 2004 until 2019, reaching an all time high of 118.22 Index Points in May of 2017 and a record low of 95.72 Index Points in November of 2008.
CPI Transportation in Georgia is expected to be 104.13 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Georgia to stand at 103.80 in 12 months time. In the long-term, the Georgia CPI Transportation is projected to trend around 108.03 Index Points in 2020, according to our econometric models.