Producer prices in Georgia climbed 15.7 percent year-on-year in June of 2021, picking up from a 15.5 percent rise in the previous month. It was the highest producer inflation since February, as prices accelerated for electricity, gas, steam and air conditioning (20.5 percent vs 16.1 percent in May). Meantime, inflation was steady for manufacturing (at 15.5 percent) and water supply; sewerage, waste management and remediation services (at 30.1 percent) and prices slowed for mining & quarrying (5.9 percent vs 9.8 percent). source: National Statistics Office of Georgia
Producer Prices Change in Georgia averaged 6.45 percent from 2002 until 2021, reaching an all time high of 19 percent in October of 2007 and a record low of -9.76 percent in April of 2009. This page provides - Georgia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Producer Prices Change in Georgia is expected to be 18.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Georgia to stand at 3.50 in 12 months time. In the long-term, the Georgia Producer Prices Change is projected to trend around 6.60 percent in 2022, according to our econometric models.