The Consumer Price Index in Georgia decreased 1.00 percent in December of 2020 over the previous month, the first monthly decline since July. source: National Statistics Office of Georgia
Inflation Rate Mom in Georgia averaged 0.40 percent from 2004 until 2020, 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. This page provides the latest reported value for - Georgia Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Inflation Rate MoM - values, historical data and charts - was last updated on January of 2021.
Inflation Rate Mom in Georgia is expected to be 0.20 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 2021, according to our econometric models.