Georgia Food Inflation - Forecast

Food Inflation in Georgia is expected to be 2.50 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 2.10 in 12 months time. In the long-term, the Georgia Food Inflation is projected to trend around 2.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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Georgia Prices Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.8 2.8 3 3 3 3.1
Consumer Price Index CPI 126 127 131 131 130 139
GDP Deflator 104 104 104 104 105 105
Import Prices 101 101 102 100 99.1 100
Producer Prices 144 148 155 155 152 180
Producer Prices Change 6.8 6.9 7.3 7.5 6.1 8.2
Inflation Rate Mom -0.3 0.3 0.2 0.4 0.1 0.5
Food Inflation 2.3 2.5 2.7 2.3 2.1 2.5
CPI Transportation 101 118 121 105 104 129
Export Prices 102 103 100 100 98.7 100