Georgian annual inflation at 2.5% in April

By bne IntelliNews May 5, 2015

Annual inflation stood at 2.5% in April, down from 2.6% in March, according to the Georgian state statistics office, Geostat.

On monthly basis inflation was at 0.3% in April.

The annual rate of inflation was pushed up largely by increasing prices in healthcare, alcoholic beverages and cigarettes.

Prices of alcoholic beverages increased by 11.6% y/y in April and those of cigarettes by 10.3% due to increased excise tax on these products.

Services for outpatient care went up 5.6% y/y in price in April and for inpatient services increased by 4.6%, while prices of medicines and equipment jumped by 8.9% y/y in April.

Transport fares were down by 5.1% y/y in April.

Related Articles

Saudi private sector secures 82% of development fund contracts worth $3bn

Saudi private companies have captured 82% of contracts signed by the Saudi Development Fund over the past three years, with a total value exceeding $3bn, according to Abdulmohsen Al-Khayyal, ... more

Construction work on $4.6bn Trans-Afghan Railway could reportedly be under way within six months

Construction work on the proposed Trans-Afghan Railway could be under way within six months, while the project could cost around $4.6bn to deliver and cut shipping transit times from Uzbekistan to ... more

Uzbekistan’s banking sector becoming more resilient, says Fitch

Uzbekistan’s banking industry is becoming more resilient, with the sector underpinned by ongoing structural reforms, stronger regulation and improving governance, ... more

Dismiss