GeoStat: Annual Inflation Rate in October at 5.9 per cent
In October 2026, the Consumer Price Index increased by 0.9 per cent compared to the previous month, while the annual inflation rate amounted to 5.9 per cent, the National Statistics Service of Georgia (GeoStat) reported.
With regard to the annual core inflation, prices increased by 4.0 per cent, while the annual core inflation without tobacco2 amounted to 3.9 per cent.
According to GeoStat, the monthly inflation rate was mainly influenced by price changes for the following groups:
Clothing and footwear: the prices increased by 10.6 percent, contributing 0.43 percentage points to the overall monthly inflation rate. Prices were higher for both clothing (12.0 percent) and footwear (8.2 percent);
Transport: the prices for the group increased by 2.6 percent, contributing 0.34 percentage points to the overall index. Within the group the prices increased for operation of personal transport equipment (4.2 percent) and purchase of vehicles (1.4 percent). At the same time, prices decreased for transport services (-2.4 percent);
Housing, water, electricity, gas and other fuels: the prices for the group increased by 0.6 percent, contributing 0.07 percentage points to the overall monthly inflation rate. The prices increased for the following subgroups: actual rentals for housing (1.3 percent), maintenance and repair of the dwelling (0.8 percent), electricity, gas and other fuels (0.2 percent).