GeoStat: Georgia’s industrial producer price index surges by 5.9% year-on-year in June

According to data released by the National Statistics Office of Georgia (GeoStat), the Producer Price Index (PPI) for industrial products decreased by 0.8% in June 2026 compared to the previous month, while registering a 5.9% increase compared to the same month last year.

GeoStat reports that, compared to May 2026, prices in the mining and quarrying sector dropped by 5.8%, contributing -0.45 percentage points to the overall index change. Over the same period, prices for manufacturing output decreased by 0.9%, contributing -0.7 percentage points to the total index shift. Conversely, a 3.3% price increase was recorded in the electricity, gas, steam, and air conditioning supply sector, which contributed 0.32 percentage points to the monthly index change.

“Over the 12 months, the formation of the index was primarily driven by price changes in the following sectors:

Mining and quarrying: Prices rose by 15.3%, impacting the overall index change by 1.04 percentage points. Within this group, a notable price increase was recorded for metal ores (19.6%).

Manufacturing: Prices increased by 5.2%, contributing 4.19 percentage points to the total index growth. Price hikes were observed in food products (5.8%) and basic metals (10.6%).

Electricity, gas, steam, and air conditioning supply: Prices rose by 4.4%, affecting the annual change in the overall index by 0.46 percentage points.

Water supply, sewerage, waste management, and remediation activities: Prices grew by 6.7%, impacting the total index by 0.21 percentage points,” GeoStat’s published report stated.