Subsistence minimum hit a record high in June, – show the preliminary data from Geostat.
According to the report, subsistence minimum for a working age male amounted to 214 GEL up by 9.4 GEL from the previous month.
The increase in the subsistence minimum was related to high inflation, as June saw the highest inflation in the country for the last 10 years. Inflation stood at 9.9% in June.
As of May, the subsistence minimum for an average household totals to 190 GEL, which is an increase of 8.9 GEL compared to the previous month.
The report submitted by Geostat today is not accompanied by the information on the subsistence minimum distributed by type of household, which has been published by the organization until 2021.
