The harmonised inflation rate in Georgia rose to 5.1% year-on-year in January 2026, up from 4.2% in the previous month, marking the highest level since October 2025. Harmonised Inflation Rate YoY in Georgia averaged 4.94 percent from 2022 until 2026, reaching an all time high of 13.30 percent in May of 2022 and a record low of -0.50 percent in July of 2023. source: National Statistics Office of Georgia



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-09 07:00 AM
Harmonised Inflation Rate YoY
Dec 4.2% 4.9% 4.7%
2026-02-10 07:00 AM
Harmonised Inflation Rate YoY
Jan 5.1% 4.2% 4.1%
2026-03-10 07:00 AM
Harmonised Inflation Rate YoY
Feb 5.1%


Related Last Previous Unit Reference
Consumer Price Index CPI 190.40 188.10 points Jan 2026
Core Inflation Rate 2.40 2.00 percent Jan 2026
CPI Housing Utilities 100.32 99.64 points Jan 2026
CPI Transportation 100.17 99.70 points Jan 2026
Export Prices 100.20 101.10 points Dec 2025
Food Inflation 10.60 8.80 percent Jan 2026
GDP Deflator 104.20 103.90 points Sep 2025
Harmonised Inflation Rate MoM 0.80 -0.10 percent Jan 2026
Harmonised Inflation Rate YoY 5.10 4.20 percent Jan 2026
Import Prices 100.30 99.90 points Dec 2025
Inflation Rate YoY 4.80 4.00 percent Jan 2026
Inflation Rate MoM 1.20 -0.20 percent Jan 2026
Producer Prices 253.90 253.20 points Dec 2025
PPI YoY 6.10 6.10 percent Dec 2025


Georgia Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability, mainly used by the EU member states. The calculation of HICP is based on the methodological guidelines and legislation developed by the European Union, the strict observance of which is mandatory for all countries producing this indicator. Thus, the successful introduction of this indicator in Georgia is of high importance in terms of convergence with the EU standards. HICP is distinguished from the Consumer Price Index (CPI) by several methodological features, mainly in terms of consumer basket weights and the classification used.
Actual Previous Highest Lowest Dates Unit Frequency
5.10 4.20 13.30 -0.50 2022 - 2026 percent Monthly
NSA