Georgia Inflation Rate  1996-2018 | Data | Chart | Calendar | Forecast

Annual inflation rate in Georgia increased to 3.1% in August of 2018 from 2.8% in the previous month. It was the highest inflation rate since January, as prices advanced faster for food & non-alcoholic beverages (3.2% from 2.3% in July); transport (7.8% from 6.9%); health (5.2% from 5%); furniture & household equipment (2.1% from 1.4%); recreation & culture (1.6% from 1.3%) and alcoholic beverages & tobacco (4.7% from 4.4%). On the other hand, cost eased for housing & utilities (3.4% from 5.2%) and restaurant & hotels (3.8% from 4.5%). Meanwhile, inflation was steady for education (1.2%, the same as in July) and miscellaneous goods & services (0.5%) while prices continued to decline for communication (-1.3% from -1.4%) and clothing & footwear (-8.8% from -8.3%). On a monthly basis, consumer prices went up 0.5%, after a 0.3% drop in July. Inflation Rate in Georgia averaged 7.34 percent from 1996 until 2018, reaching an all time high of 59.31 percent in April of 1996 and a record low of -3.30 percent in May of 2012.

Georgia Inflation Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-07-03 07:00 AM Inflation Rate YoY 2.2% 2.5% 2.7%
2018-08-03 07:00 AM Inflation Rate YoY 2.8% 2.2% 2.7%
2018-09-03 07:00 AM Inflation Rate YoY 3.1% 2.8% 3%
2018-10-03 07:00 AM Inflation Rate YoY 3.1% 2.8%
2018-11-02 07:00 AM Inflation Rate YoY 2.7%
2018-12-03 06:00 AM Inflation Rate YoY 2.7%


Georgia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.10 2.80 59.31 -3.30 percent [+]
Consumer Price Index CPI 126.70 126.10 128.00 51.80 Index Points [+]
GDP Deflator 104.60 104.30 114.30 96.90 Index Points [+]
Import Prices 99.20 100.00 106.40 94.80 Index Points [+]
Producer Prices 144.90 142.50 147.20 54.73 Index Points [+]
Producer Prices Change 6.60 5.70 19.00 -9.76 percent [+]
Inflation Rate Mom 0.50 -0.30 3.53 -4.04 percent [+]
Food Inflation 3.20 2.30 30.70 -10.93 percent [+]
Cpi Housing Utilities 100.26 100.00 115.25 95.68 Index Points [+]
CPI Transportation 100.16 101.16 118.22 95.72 Index Points [+]
Export Prices 97.70 98.20 111.80 95.50 Index Points [+]


Georgia Inflation Rate

In Georgia, the most important categories in the consumer price index are food and non-alcoholic beverages (31.1 percent of the total weight) and transport (12.1 percent). The index also includes: healthcare (9.8 percent); housing, water, electricity, gas and other fuels (8.2 percent); furnishings, housing appliances and equipment, routine house maintenance (6.4 percent); recreation and culture (6.2 percent); alcoholic beverages, tobacco (6 percent); education (5 percent); miscellaneous goods and services (4.8 percent); hotels, cafes and restaurants (4 percent); communication (3.2 percent) and clothing and footwear (3.1 percent). This page provides the latest reported value for - Georgia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 2.80 59.31 -3.30 1996 - 2018 percent Monthly
2005=100




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 2.80 Aug/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 1.30 Aug/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Aug/18
Singapore 0.70 Aug/18
South Africa 4.90 Aug/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.70 Aug/18
United States 2.70 Aug/18


Related

Latest