The Consumer Price Index in Georgia increased 0.40 percent in December of 2019 over the previous month. Inflation Rate Mom in Georgia averaged 0.41 percent from 2004 until 2019, reaching an all time high of 3.53 percent in December of 2004 and a record low of -4.04 percent in June of 2011.
Inflation Rate Mom in Georgia is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Georgia to stand at 0.30 in 12 months time. In the long-term, the Georgia Inflation Rate MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.