Georgia Inflation Rate  1996-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Georgia increased 1.1 percent year-on-year in June of 2016, following a 2.1 percent rise in May. The inflation rate slowed for the fourth straight month, reaching the lowest since November of 2013. Downward pressure came from transport prices (prices down 9.5 percent), mainly purchase of vehicles (-18.0 percent) and operation of personal transport equipment (-14.2 percent) and clothing and footwear (-3.8 percent). In contrast, cost of alcoholic beverages and tobacco (+11.6 percent); housing and utilities (+6.1 percent) and health (+4.3 percent) recorded biggest upward pressure. On a monthly basis, consumer prices declined 0.9 percent. Inflation Rate in Georgia averaged 7.71 percent from 1996 until 2016, 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. Inflation Rate in Georgia is reported by the National Bank of Georgia.

Georgia Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
1.10 2.10 59.31 -3.30 1996 - 2016 percent Monthly
2005=100
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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-03 07:50 AM Apr 3.2% 4.1% 4.0%
2016-06-03 08:00 AM May 2.1% 3.2% 2.3%
2016-07-04 08:00 AM Jun 1.1% 2.1% 2.4%
2016-08-03 08:00 AM Jul 1.1% 1.3%
2016-09-02 08:00 AM Aug 1.1%
2016-10-03 09:00 AM Sep 2.7%

Georgia Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 2.10 59.31 -3.30 percent [+]
Consumer Price Index CPI 115.50 116.56 118.09 51.80 Index Points [+]
GDP Deflator 103.96 105.78 114.34 97.09 Index Points [+]
Producer Prices 119.90 122.42 127.57 54.73 Index Points [+]
Producer Prices Change -6.00 -2.80 19.00 -9.76 percent [+]
Inflation Rate Mom -0.90 -0.40 3.53 -4.04 percent [+]
Food Inflation 0.70 1.40 30.70 -10.93 percent [+]
Export Prices 98.80 97.80 106.29 95.50 Index Points [+]
Cpi Transportation 101.66 100.62 107.38 95.72 Index Points [+]




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