Producer prices in Georgia increased 5.9 percent year-on-year in October 2018, accelerating from a 5.5 percent rise in the previous month. Cost advanced faster for mining & quarrying (1.6 percent from 1.3 percent in September) and manufactured goods (5.0 percent from 4.5 percent), of which basic metals & fabricated metal products (8.0 percent from 5.5 percent); food, beverages & tobacco (4.7 percent from 4.1 percent); chemicals & chemicals products (6.7 percent from 6.2 percent); machinery & equipment (1.2 percent from 0.6 percent) and leather & leather products (15.4 percent from -0.4 percent). Contrarily, prices slowed for electrical energy, gas, steam & hot water (13.1 percent from 14.1 percent). On a monthly basis, producer prices went up 1.5 percent, from a 0.9 percent gain in September. Producer Prices Change in Georgia averaged 5.93 percent from 2002 until 2018, reaching an all time high of 19 percent in October of 2007 and a record low of -9.76 percent in April of 2009.

Producer Prices Change in Georgia is expected to be 6.00 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 6.50 in 12 months time. In the long-term, the Georgia Producer Prices Change is projected to trend around 8.20 percent in 2020, according to our econometric models.

Georgia Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-21 07:00 AM PPI YoY 5.7% 6.8% 7.1%
2018-09-20 07:00 AM PPI YoY 6.6% 5.7% 5.3%
2018-10-19 07:00 AM PPI YoY 5.5% 6.6% 4.9%
2018-11-20 07:00 AM PPI YoY 5.9% 5.5% 6.0%
2018-12-20 08:00 AM PPI YoY 5.9% 5.6%
2019-01-22 07:00 AM PPI YoY 6%
2019-02-20 07:00 AM PPI YoY


Georgia Prices Last Previous Highest Lowest Unit
Inflation Rate 1.90 2.30 59.31 -3.30 percent [+]
Consumer Price Index CPI 128.30 127.50 128.30 51.80 Index Points [+]
GDP Deflator 104.60 104.30 114.30 96.90 Index Points [+]
Import Prices 102.80 102.60 106.40 94.80 Index Points [+]
Producer Prices 148.40 146.10 148.40 54.73 Index Points [+]
Producer Prices Change 5.90 5.50 19.00 -9.76 percent [+]
Inflation Rate Mom 0.70 0.30 3.53 -4.04 percent [+]
Food Inflation 0.80 0.20 30.70 -10.93 percent [+]
Cpi Housing Utilities 99.79 100.22 115.25 95.68 Index Points [+]
CPI Transportation 100.22 100.59 118.22 95.72 Index Points [+]
Export Prices 101.10 105.10 111.80 95.50 Index Points [+]


Georgia Producer Prices Change

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Georgia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.90 5.50 19.00 -9.76 2002 - 2018 percent Monthly




Country Last Previous
Argentina 79.60 Oct/18
Australia 2.10 Sep/18
Brazil 10.80 Nov/18
Canada 5.30 Oct/18
China 2.70 Nov/18
Euro Area 4.90 Oct/18
France 3.90 Oct/18
Germany 3.30 Oct/18
India 4.64 Nov/18
Indonesia 5.06 Nov/18
Italy 5.80 Oct/18
Japan 2.30 Nov/18
Mexico 6.51 Nov/18
Netherlands 4.89 Oct/18
Russia 16.90 Oct/18
Saudi Arabia 16.30 Oct/18
Singapore 12.40 Oct/18
South Africa 6.80 Nov/18
South Korea 2.20 Oct/18
Spain 4.50 Oct/18
Switzerland 1.40 Nov/18
Turkey 38.54 Nov/18
United Kingdom 3.30 Oct/18
United States 2.50 Nov/18


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