Annual Inflation at 13.7% in February

Inflation growth slowed slightly in February, although the rate remains high.

Georgia’s annual inflation rate stood at 13.7% in February, the National Statistics Office (Geostat) reported.

The annual inflation rate was primarily driven by price changes in housing, water, electricity, gas, and other fuels (45.8% increase); food and non-alcoholic beverages (17.3% increase); transport (14.5% increase).

The monthly inflation rate was primarily driven by price changes in cloothing and footwear (4.1% increase); food and non-alcoholic beverages (2.1% increase); alcoholic beverages and tobacco (1.3% increase); transport (1% increase).

Recall that in 2021 the country was 13.9%, the same figure in January 2022.