02.Mar .2020 18:02

Annual Inflation has made up 6.4% in February

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According to National Statistics Office of Georgia (Geostat), the annual inflation rate amounted to 6.4 percent in February.

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

Food and non-alcoholic beverages: the prices in the group increased by 12.7 percent, contributing 3.95 percentage points to the overall annual inflation rate. Within the group the prices were higher for the following subgroups: fruit and grapes (25.1 percent), milk, cheese and eggs (19.2 percent), meat (15.1 percent), sugar, jam, honey, chocolate and confectionery (11.2 percent), vegetables (11.1 percent), fish (10.3 percent), mineral waters, soft drinks, fruit and vegetable juices (8.7 percent), oils and fats (7.4 percent), bread and cereals (5.6 percent) and coffee, tea and cocoa (5.0 percent);

Restaurants and hotels: the prices went up by 8.7 percent, contributing 0.39 percentage points to the overall annual inflation rate. The prices in the group increased for catering services (9.5 percent) and accommodation services (1.3 percent).