Baku, Azerbaijan, October 3
By Tamilla Mammadova – Trend:
The Consumer Price Index increased by 1.7 percent in September 2019 in Georgia compared to August 2019, while the annual inflation rate amounted to 6.4 percent, Trend reports referring the Georgian National Statistics Office (Geostat).
In the same period, the inflation rate without tobacco amounted to 1.8 percent over the August 2019 while the prices increased by 5.7 percent compared to September 2018.
With regard to the annual core inflation, the prices increased by 4.6 percent in September 2019, while the annual core inflation without tobacco amounted to 3.2 percent.
The monthly inflation rate was mainly influenced by price changes for food and non-alcoholic beverages: the prices in the group increased by 3.3 percent, contributing 1.03 percentage points to the overall monthly inflation rate.
Within the group, the largest price increase was observed for fruit and grapes (9.8 percent), milk, cheese and eggs (8.1 percent), mineral waters, soft drinks, fruit and vegetable juices (3 percent), vegetables (2.7 percent), meat (2.3 percent), sugar, jam, honey, chocolate and confectionery (1.6 percent), fish (0.8 percent), and oils and fats (0.7 percent).
In education group the prices went up by 2.7 percent, contributing 0.13 percentage points to the overall monthly inflation rate. The prices increased for secondary education (5 percent), pre-primary and primary education (4.9 percent) and education not definable by level (2 percent).
The prices for housing, water, electricity, gas and other fuels increased by 1.3 percent, contributing 0.12 percentage points to the overall monthly inflation rate. The prices rose for actual rentals for housing (3 percent).
The prices went up by 1.7 percent for furnishings, household equipment and routine maintenance of the house, contributing 0.11 percentage points to the overall inflation rate. The prices increased for household appliances (3.6 percent).