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Annual inflation at 11.9% in July

Annual inflation at 11.9% in July
Annual inflation at 11.9% in July

According to the National Statistics Office, in July 2021, compared to the previous month, the inflation rate in Georgia was 1.3 percent, and the annual inflation rate was 11.9 percent.

As for core inflation, according to the National Statistics Office of Georgia, this figure was 6.4 percent in July 2021 compared to the same period last year, and the annual core inflation rate without tobacco was 6.3 percent.

According to the National Statistics Office of Georgia, the main impact on the formation of the monthly inflation rate was the change in prices for the following groups: food and non-alcoholic beverages - prices in the group increased by 3.2 percent, which was reflected in the monthly inflation of 1.02 percentage points.

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