Georgia Food Inflation - Forecast

Food Inflation in Georgia is expected to be 4.31 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Georgia to stand at 6.16 in 12 months time. In the long-term, the Georgia Food Inflation is projected to trend around 6.97 percent in 2020, according to our econometric models.


Georgia Food Inflation
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Georgia Prices Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 4.3 6.1 5.3 4.7 4.5 3.7
Consumer Price Index CPI 128 128 128 128 128 127
GDP Deflator 107 107 107 106 106 106
Import Prices 99.7 101 101 101 101 101
Producer Prices 147 148 148 148 148 145
Producer Prices Change 8 6.18 5.56 5.55 5.66 5.93
Inflation Rate Mom 0.6 0.26 0.29 0.29 0.29 0.29
Food Inflation 4.7 4.31 5.03 5.7 6.16 6.97
CPI Transportation 117 116 116 115 114 109
Export Prices 99.4 101 101 101 101 101