Georgia Inflation Rate

The inflation rate in Georgia was recorded at 3.50 percent in March of 2014. Inflation Rate in Georgia is reported by the National Bank of Georgia. Inflation Rate in Georgia averaged 8.22 Percent from 1996 until 2014, 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. In Georgia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Georgia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.50 3.46 59.31 -3.30 3.33 | 2014/04 1996 - 2014 Percent Monthly
2005=100

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Georgia Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-03 10:00 AM Georgia
Inflation Rate YoY
Nov 2013 0.6% 0.2% 0.5%
2014-02-04 08:30 AM Georgia
Inflation Rate YoY
Jan 2014 2.9% 2.4% 2.81%
2014-03-04 09:00 AM Georgia
Inflation Rate YoY
Feb 2014 3.46% 2.9% 3.52%
2014-04-03 10:15 AM Georgia
Inflation Rate YoY
Mar 2014 3.5% 3.46% 3.43%
2014-05-02 10:00 AM Georgia
Inflation Rate YoY
Apr 2014 3.5% 3.33%
2014-06-03 10:00 AM Georgia
Inflation Rate YoY
May 2014 2.08%
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Prices Last Previous Highest Lowest Forecast Unit
Consumer Price Index (CPI) 157.71 2014-03-15 157.87 159.50 74.04 157.65 2014-04-30 Index Points [+]
GDP Deflator 99.35 2013-11-15 99.24 114.34 97.09 98.61 2014-03-31 Index Points [+]
Inflation Rate 3.50 2014-03-31 3.46 59.31 -3.30 3.33 2014-04-30 Percent [+]
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Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


RELATED NEWS

Georgia Government Spending at 1394.90 GEL Million  
Government Spending in Georgia increased to 1394.90 GEL Million in the fourth quarter of 2013 from 1060.90 GEL Million in the third quarter of 2013. Government Spending in Georgia is reported by the National Statistics Office of Georgia.
Georgia Gross Fixed Capital Formation at 1698.90 GEL Million  
Gross Fixed Capital Formation in Georgia increased to 1698.90 GEL Million in the fourth quarter of 2013 from 1665.60 GEL Million in the third quarter of 2013. Gross Fixed Capital Formation in Georgia is reported by the National Statistics Office of Georgia.
Georgia Average Monthly Wages at 875.46 GEL  
Wages in Georgia increased to 875.46 GEL in the fourth quarter of 2013 from 799.83 GEL in the third quarter of 2013. Wages in Georgia is reported by the National Statistics Office of Georgia.
Georgia Changes in Inventories at 300.70 GEL Million  
Changes in Inventories in Georgia increased to 300.70 GEL Million in the fourth quarter of 2013 from 140.90 GEL Million in the third quarter of 2013. Changes in Inventories in Georgia is reported by the National Statistics Office of Georgia.
Georgia Consumer Price Index (CPI) at 157.71 Index Points  
Consumer Price Index (CPI) in Georgia decreased to 157.71 Index Points in March of 2014 from 157.87 Index Points in February of 2014. Consumer Price Index (CPI) in Georgia is reported by the National Bank of Georgia.
Georgia Consumer Spending at 5356.30 GEL Million  
Consumer Spending in Georgia increased to 5356.30 GEL Million in the fourth quarter of 2013 from 4561.50 GEL Million in the third quarter of 2013. Consumer Spending in Georgia is reported by the National Statistics Office of Georgia.
Georgia Current Account at -426.55 USD Million  
Georgia recorded a Current Account deficit of 426.55 USD Million in the fourth quarter of 2013. Current Account in Georgia is reported by the National Bank of Georgia.
Georgia Employed Persons at 507.40 Thousand  
The number of employed persons in Georgia increased to 507.40 Thousand in the third quarter of 2013 from 503.50 Thousand in the second quarter of 2013. Employed Persons in Georgia is reported by the National Statistics Office of Georgia.
Georgia GDP Constant Prices at 4221.00 GEL Million  
GDP Constant Prices in Georgia increased to 4221 GEL Million in the fourth quarter of 2013 from 3897.80 GEL Million in the third quarter of 2013. GDP Constant Prices in Georgia is reported by the National Statistics Office of Georgia.
Georgia GDP Deflator at 99.35 Index Points  
GDP Deflator in Georgia increased to 99.35 Index Points in the fourth quarter of 2013 from 99.24 Index Points in the third quarter of 2013. GDP Deflator in Georgia is reported by the National Statistics Office of Georgia.
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