Economy
Posted: 3 years ago

Annual Inflation Rate in October Marked 3.8%

The inflation growth pace has slowed down. According to Geostat, the National Statistics Service of Georgia, in October the annual inflation rate marked 3.8%, analogically to September.

In October 2020, as compared to September 2020, the inflation level amounted to 0.8%. As for base inflation, the mentioned indicator in October 2020 constituted 5.4%, as compared to the same period of 2019, while the annual base inflation without tobacco amounted to 5%.