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Annual inflation rate amounted to 6.1 per cent in March

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BM.GE
03.04.20 17:35
664
According to Geostat, annual inflation rate amounted to 6.1 per cent in March, 2020.

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 13.4 percent, contributing 4.18 percentage points to the overall annual inflation rate. Within the group the prices were higher for the following subgroups: fruit and grapes (29.7 percent), milk, cheese and eggs (18.9 percent), sugar, jam, honey, chocolate and confectionery (14.8 percent), meat (14.7 percent), vegetables (12.5 percent), mineral waters, soft drinks, fruit and vegetable juices (10.2 percent), oils and fats (9.1 percent), fish (8.0 percent), bread and cereals (7.0 percent) and coffee, tea and cocoa (5.4 percent);

Restaurants and hotels: the prices increased by 8.9 percent, with a relevant contribution of 0.4 percentage points to the overall annual CPI growth. The prices increased for catering services (10.3 percent), while prices were lower for accommodation services (-2.1 percent);

Miscellaneous goods and services: the prices went up by 6.8 percent, which resulted in a 0.36 percentage point contribution to the overall annual inflation rate. The prices were higher for the following subgroups: personal effects n.e.c (22.7 percent) and personal care (6.5 percent).