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Subsistence Minimum Amounted to 157,1 GEL in June 2016

Subsistence Minimum Amounted to 157,1 GEL in June 2016

In the month of June 2016, the subsistence minimum was determined at amount of 157,1 GEL.

The subsistence minimum in June 2016 decreased by 3,5 GEL compared to the previous month and it amounted to 157,1 GEL.

According to Geostat, in one-year period this indicator has lowered by 4,3 GEL.

Based on the data, in June 2016, the average customer’s subsistence minimum made up 139, 1 GEL, while average family subsistence minimum composed 263, 5 GEL.

One-member family subsistence minimum defined at amount of  139,1 GEL, whereas in case six-members family and more it made up to 370.1 GEL.

Since 2004 Geostat has been calculating subsistence minimum indicators based on the minimum food basket defined and established according to the decree N 111/n of 2003 May 8 of the Minister of Georgian Labour, Health and Social Affairs on ’’Norms of determining the composition of minimum food basket for subsistence minimum regarding food substance and energy for physiology demand”.

Till 2004 Geostat had been calculated subsistence minimum indicators based on the different minimum food basket.

Changing of the methodology for calculating subsistence minimum indicators caused diferences of those data published before and after 2004.