Oil prices are 30% up in Georgia. Accordingly, price per bottle has increased by at least 1 GEL. As the head of importing company "Baraka" declares, oil will become more expensive due to GEL exchange rate. "Suppliers have already grown prices," said Guram Brodzeli.
As for the other imported consumer products, Brodzeli explains, that prices are mostly stable, although the only product that has risen significantly on the international market is sugar.
According to him, prices have been adjusted in Georgia as well, but thanks to the state support, "Agara Sugar" manages to keep prices by the end of the year.
"Sugar got very expensive. "Agara Sugar" is still holding prices through state subsidies, but sugar price is already 5 tetri up and another growth by 5 tetri is still expected due to GEL exchange rate. Let's see what will happen in December, when subsidy for 'Agara Sugar' will be over," Guram Brodzeli said.
