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Annual inflation stood at 4.8% in August, down from 5.7% in the previous month

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BM.GE
08.09.20 11:37
762
Annual inflation stood at 4.8% in August, down from 5.7% in the previous month, declining somewhat stronger than expected.

Among the major subcategories, furniture and household equipment (+9.7% YoY) and food and nonalcoholic beverages (+9.2% YoY) posted the highest growth.

On the other hand, prices of transport (-8.9% YoY) and recreation & culture services (-2.0% YoY) retreated over the same period. On a seasonally adjusted annualized terms, estimated inflation dropped by around 2% in August.