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Geostat Reviews Inflation Rate in Georgia by June 2018

Banking, bank

In June 2018 the monthly inflation rate amounted to -0.6 percent, shares Geostat. Compared to the same month of the previous year the Consumer Price Index change (annual inflation rate) posted a 2.2 percent increase. The monthly inflation rate was mainly influenced by price changes for the following groups: Food …

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Annual Inflation Rate Posted 1.1% Decrease in June

In June 2016 the monthly inflation rate amounted to -0.9 percent in Georgia. Compared to the same month of the previous year the Consumer Price Index change (annual inflation rate) posted a 1.1 percent increase.Compared to 2010 average the index rose 15.5 percent. The following table shows percentage changes in …

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Inflation Rate in Georgia on May 2016

In May 2016 the monthly inflation rate amounted to -0.4 percent in Georgia. Compared to the same month of previous year the Consumer Price Index change (annual inflation rate) posted a 2.1 percent increase. Compared to 2010 average the index rose 16.6 percent. The following table shows percentage changes in …

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National Bank of Georgia Lowers Refinancing Rate to 7.5%

National Bank of Georgia Lowers Refinancing Rate to 7.5%

The monetary policy committee of the National Bank of Georgia (NBG) has lowered the refinancing rate by 50 base points to 7.5%. The NBG statement reads that the decision reflects the macroeconomic forecasts proving that tightening of monetary policy in 2015 has made positive effect on inflation rate. Under the …

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11% as Optimistic Outlook for Russia’s Inflation Rate

Russia Inflation Rate

Russia’s inflation may constitute lower than 11% if the current trend of the ruble’s strengthening continues – the Russian publication Vedemosti reported the country’s deputy finance minister saying.  According to the local news agency TASS, Russia’s deputy finance minister Maksim Oreshkin commented on the subject to the press. He said the inflation …

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Georgia’s monthly inflation rate in January amounts to 0.2 %

Georgia’s monthly inflation rate in January 2015 amounts to 0.2 percent, revealed the latest data from the National Statistics Office of Georgia (Geostat). In the reporting period the inflation rate is formatted following the price changes of alcohol, cigarettes, vegetables and other basic needs. The price for food and non-alcoholic …

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Georgia’s monthly inflation rate in January amounts to 0.2 %

Georgia’s monthly inflation rate in January 2015 amounts to 0.2 percent, revealed the latest data from the National Statistics Office of Georgia (Geostat). In the reporting period the inflation rate is formatted following the price changes of alcohol, cigarettes, vegetables and other basic needs.

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