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.

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