Cost of food in Georgia increased 6.80 percent in December of 2020 over the same month in the previous year. source: National Bank of Georgia

Food Inflation in Georgia averaged 6.93 percent from 2005 until 2020, reaching an all time high of 30.70 percent in May of 2011 and a record low of -10.93 percent in May of 2012. This page provides the latest reported value for - Georgia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Food Inflation - values, historical data and charts - was last updated on January of 2021.

Food Inflation in Georgia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Georgia to stand at 3.50 in 12 months time. In the long-term, the Georgia Food Inflation is projected to trend around 3.50 percent in 2021, according to our econometric models.

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Georgia Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
6.80 6.00 30.70 -10.93 2005 - 2020 percent Monthly
2005=100

Georgia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.40 3.80 59.31 -3.30 percent [+]
Consumer Price Index CPI 141.30 142.60 142.60 51.80 points [+]
GDP Deflator 106.60 106.10 114.30 96.90 points [+]
Producer Prices 181.20 184.60 184.60 54.73 points [+]
Producer Prices Change 11.70 10.00 19.00 -9.76 percent [+]
Inflation Rate Mom -1.00 0.90 3.53 -4.04 percent [+]
Import Prices 103.10 100.10 106.40 94.80 points [+]
Food Inflation 6.80 6.00 30.70 -10.93 percent [+]
Export Prices 101.80 101.50 111.80 95.50 points [+]
Core Inflation Rate 5.30 5.10 8.20 -0.80 percent [+]
Cpi Housing Utilities 78.02 99.66 115.25 78.02 points [+]
CPI Transportation 99.05 99.25 118.22 95.72 points [+]