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

Turkey reportedly set to raise debt limit for first time in 8 years as Ankara fuels credit

Turkey is preparing to raise its debt limit for the first time since 2009 after first-half borrowing left the Treasury near its legal ceiling, Bloomberg reported on July 25. Citing a person with ... more

China to provide $250mn for new Tajik parliamentary building

China is to provide $250mn for the construction of a new and expensive parliamentary building in Tajikistan, CA-News reported on July 20. Tajikistan is ... more

Creditors of Turk Telekom’s owner Saudi Oger reportedly in talks to sell its 55% stake

Some creditor banks of struggling Saudi construction giant Oger’s Dubai-based unit Oger Telecom are in unofficial talks to sell its 55% stake in Turkey’ largest telecom operator Turk ... more

Dismiss