Producer prices in Georgia increased 7.8 percent year-on-year in December 2019, following a 8.5 percent rise in the previous month. This was the lowest producer inflation since June. On a monthly basis, producer prices went down by 0.5 percent in December.
Producer Prices Change in Georgia averaged 5.97 percent from 2002 until 2019, reaching an all time high of 19 percent in October of 2007 and a record low of -9.76 percent in April of 2009. This page provides - Georgia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Producer Prices Change in Georgia is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Georgia to stand at 7.70 in 12 months time. In the long-term, the Georgia Producer Prices Change is projected to trend around 6.60 percent in 2020, according to our econometric models.