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Oils And Fats Got Expensive by 43.9% Y-O-Y - Geostat

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BM.GE
03.09.21 12:30
681
In August 2021 the Consumer Price Index increased by 0.7% compared to the previous month, while the annual inflation rate amounted to 12.8%,- show the preliminary data from Statistics Office of Georgia (Geostat).

The prices in the group of food and non-alcohol beverages increased by 16.2%, contributing 5.09 percentage points to the overall annual inflation rate. Within the group the prices increased for the following subgroups: oils and fats (43.9 %), vegetables (42.2 %), milk, cheese and eggs (17.3 %), sugar, jam, honey, chocolate and confectionery (16.9 %), bread and cereals (13.0 %), fish (11.9 %), mineral waters, soft drinks, fruit and vegetable juices (11.5 %), meat (8.3 %), coffee, tea and cocoa (6.8 %), fruit and grapes (5.4 %);

Transport: the prices increased by 22.5 %, contributing 2.69 percentage points to the annual inflation rate. Within the group the prices increased for operation of personal transport equipment (32.5 %), transport services (4.6 %) and purchase of vehicles (2.9 %);

Housing, water, electricity, gas and other fuels: the prices for the group posted an 11.6% increase, which contributed 1.75 percentage points to the annual inflation rate. The prices were higher for the following subgroups: electricity, gas and other fuels (13.5 %), maintenance and repair of the dwelling (7.1 %) and water supply and miscellaneous services relating to the dwelling (4.5 %);

Health: the prices went up by 10.9 %, contributing 0.85 percentage points to the overall annual inflation rate. The prices increased for medical products, appliances and equipment (17.9 %), hospital services (5.3 %) and out-patient services (5.0 %).

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