03.May .2022 15:00

Inflation Made Up 12.8% In April In Georgia

Inflation Made Up 12.8% In April In Georgia
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In April 2022 the Consumer Price Index increased by 1.8% compared to the previous month, while the annual inflation rate amounted to 12.8%, - according to the preliminary data from the National Statistics Office of Georgia (Geostat).

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 21.3%, contributing 6.77 percentage points to the overall annual inflation rate. Within the group the prices increased for the following subgroups: vegetables (46.2%), bread and cereals (28.8%), mineral waters, soft drinks, fruit and vegetable juices (24.1%), oils and fats (20.8%), sugar, jam, honey, chocolate and confectionery (19.3%), fish (18.9%), milk, cheese and eggs (18.0%), coffee, tea and cocoa (17.6%), fruit and grapes (14.4%), meat (10.9%);

Transport: the prices increased by 22.4%, contributing 2.7 percentage points to the annual inflation rate. Within the group the prices increased for operation of personal transport equipment (29.1%), transport services (10.8%) and purchase of vehicles (3.9%);

Housing, water, electricity, gas and other fuels: the prices for the group posted a 9.4% increase, which contributed 0.97 percentage points to the annual inflation rate. The prices were higher for the following subgroups: maintenance and repair of the dwelling (14.4%), electricity, gas and other fuels (11.2%) and actual rentals for housing (6.5%).