Georgia's producer prices jumped by 15.6 percent year-on-year in January 2020, the most since last May, following an 11.7 percent growth in the previous month. On a monthly basis, producer prices increased by 2.8 percent in January, following an 1.1 percent rise in December. source: National Statistics Office of Georgia

Producer Prices Change in Georgia averaged 6.23 percent from 2002 until 2021, 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. Georgia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Producer Prices Change in Georgia is expected to be 13.00 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 7.00 in 12 months time. In the long-term, the Georgia Producer Prices Change is projected to trend around 6.60 percent in 2022, according to our econometric models.

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Georgia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
15.60 11.70 19.00 -9.76 2002 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 07:00 AM PPI YoY Oct 8.0% 5.9% 6.1%
2020-12-21 07:00 AM PPI YoY Nov 10% 8.0% 6.5%
2021-01-26 07:00 AM PPI YoY Dec 11.7% 10% 11%
2021-02-19 07:00 AM PPI YoY Jan 15.6% 11.7% 9.3%
2021-03-19 07:00 AM PPI YoY Feb 15.6% 17.2%
2021-04-20 07:00 AM PPI YoY Mar 14.8%
2021-05-20 07:00 AM PPI YoY Apr
2021-06-21 07:00 AM PPI YoY May

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.