Georgia's producer prices rose 4.1 percent year-on-year in May 2019, easing from a 5.7 percent increase in the previous month. Cost of manufacturing slowed (6.3 percent from 6.7 percent in April), namely food products, beverages and tobacco (7 percent from 7.8 percent), basic metals and fabricated metal products (2 percent from 4.9 percent), chemicals (3.8 percent from 5.5 percent) and rubber & plastic (5.5 percent from 7.8 percent). Additionally, prices advanced less for mining & quarrying (3.3 percent from 4.2 percent) and cost electrical energy, gas, steam and hot water prices dropped (-10.2 percent from 0.9 percent). On a monthly basis, producer prices declined 1 percent, after a 0.2 percent gain in the prior month. Producer Prices Change in Georgia averaged 5.86 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.

Producer Prices Change in Georgia is expected to be 6.10 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 6.60 in 12 months time. In the long-term, the Georgia Producer Prices Change is projected to trend around 4.20 percent in 2020, according to our econometric models.

Georgia Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-20 07:00 AM PPI YoY 3.3% 2.3% 2.5%
2019-04-19 07:00 AM PPI YoY 5.4% 3.3% 3%
2019-05-20 07:00 AM PPI YoY 5.7% 5.4% 5.8%
2019-06-20 07:00 AM PPI YoY 4.1% 5.7% 5.9%
2019-07-19 07:00 AM PPI YoY 4.1% 4.5%
2019-08-20 07:00 AM PPI YoY
2019-09-20 07:00 AM PPI YoY


Georgia Prices Last Previous Highest Lowest Unit
Inflation Rate 4.30 4.70 59.31 -3.30 percent [+]
Consumer Price Index CPI 131.90 133.20 133.20 51.80 Index Points [+]
GDP Deflator 102.40 103.60 114.30 96.90 Index Points [+]
Import Prices 102.00 100.10 106.40 94.80 Index Points [+]
Producer Prices 151.20 152.70 152.70 54.73 Index Points [+]
Producer Prices Change 4.10 5.70 19.00 -9.76 percent [+]
Inflation Rate Mom 0.50 0.20 3.53 -4.04 percent [+]
Food Inflation 6.50 7.90 30.70 -10.93 percent [+]
Cpi Housing Utilities 100.10 100.03 115.25 95.68 Index Points [+]
CPI Transportation 100.87 101.88 118.22 95.72 Index Points [+]
Export Prices 101.80 100.50 111.80 95.50 Index Points [+]
Core Inflation Rate 3.60 3.40 8.20 -0.80 percent [+]


Georgia Producer Prices Change

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Georgia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 5.70 19.00 -9.76 2002 - 2019 percent Monthly




Country Last Previous
Argentina 65.90 May/19
Australia 1.90 Mar/19
Brazil 7.30 Jun/19
Canada 0.60 May/19
China 0.00 Jun/19
Euro Area 1.60 May/19
France 0.80 May/19
Germany 1.90 May/19
India 2.02 Jun/19
Indonesia 1.93 May/19
Italy 1.50 May/19
Japan -0.10 Jun/19
Mexico 3.18 May/19
Netherlands 2.09 May/19
Russia 4.10 Jun/19
Saudi Arabia 2.20 May/19
Singapore -2.50 May/19
South Africa 6.40 May/19
South Korea 0.40 May/19
Spain 1.10 May/19
Switzerland -1.40 Jun/19
Turkey 25.04 Jun/19
United Kingdom 1.60 Jun/19
United States 1.70 Jun/19


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