According to data from the National Statistics Office of Georgia (GeoStat), the industrial producer price index in February 2026 fell by 0.4 per cent compared to the previous month, whilst recording a year-on-year increase of 5.7 per cent against the corresponding month of the prior year.

Compared to January 2026, prices in the mining and quarrying sector rose by 2.2 per cent, contributing 0.17 percentage points to the overall change in the index. Over the same period, prices in the manufacturing sector declined by 0.5 per cent, exerting a drag of −0.38 percentage points on the total index. Within this sector, notable price decreases were recorded in food products (−0.5%) and basic pharmaceutical products and preparations (−6.1%).

In addition, prices in the electricity, gas, steam and air conditioning supply sector fell by 1.9 per cent, contributing −0.2 percentage points to the monthly aggregate index change.

“Over the twelve months, the principal influences on the index were as follows:

Mining and quarrying: prices rose by 34.2 per cent, adding 2.19 percentage points to the overall index change. Of particular note within this sector was the increase in prices for metal ores (47.6%).

Manufacturing: prices increased by 4.1 per cent, contributing 3.24 percentage points to the growth of the total index. Price rises were recorded in food products (10.3%) and basic metals (11.2%).

Electricity, gas, steam and air conditioning supply: prices rose by 1.0 per cent, contributing 0.11 percentage points to the annual change in the total index.

Water supply, sewerage, waste management and remediation activities: prices increased by 5.1 per cent, contributing 0.16 percentage points to the overall index,” GeoStat reported.