Oil price is 30% up in Georgia due to the condition on the international market and depreciation of national currency in recent months.
As the head of importing company "Baraka" told BM.GE, cost of a bottle of oil is 1 GEL up. According to Guram Brodzeli, the price on one of the main consumer products will be increased again due to the impact of the national currency exchange rate.
“Oil price surges afresh due to the national currency exchange rate. Oil cost is already grown by 30%. However, oil prices also rose on the stock exchanges due to the shortage of sunflower. Suppliers have increased the prices. Recently, cost of a bottle of oil is already 1 GEL up," said Guram Brodzeli.
According to him, Russia is the main supplier of oil to Georgia. If imports have been made from Ukraine before, the prices are dropped in Russia and respectably, imports are made from there now, because the product is 3 times cheaper comparing to Ukraine.
