In May 2020 the Consumer Price Index increased by 0.2 per cent compared to the previous month, while the annual inflation rate amounted to 6.5 per cent. With regard to the annual core inflation1, the prices increased by 5.9 per cent, while the annual core inflation without tobacco2 amounted to 5.4 per cent, the National Statistics Office of Georgia said.

The monthly inflation rate was mainly influenced by price changes for the following groups:

Restaurants and hotels: the prices increased by 4.3 per cent, with a relevant contribution of 0.22 percentage points to the overall monthly inflation rate. The prices were higher for catering services (4.4 per cent);

Health: the prices went up by 1.3 per cent, contributing 0.1 percentage points to the overall monthly inflation rate. The prices increased for medical products, appliances and equipment (2.8 per cent);

Transport: the prices decreased by 2.4 per cent, contributing -0.27 percentage points to the overall monthly inflation rate. The prices were lower for the operation of personal transport equipment (-4.4 per cent).

Inflation rate in Georgia??
See the data for May 2020:
?0.2% compared to the previous month
?6.5% compared to the same month of the previous year#inflation #statistics #geostat100 #statisticsgeorgia
For more information see the link below??https://t.co/B5Z8zwNA2o pic.twitter.com/rzZJHdOBrT

— Geostat (@Geostat100) June 3, 2020