Harmonised inflation rate in Georgia eased to 2.30 percent yoy in April from 5.20 percent in March 2023, marking the lowest reading since at least January 2022.. source: National Statistics Office of Georgia

Harmonised Inflation Rate YoY in Georgia averaged 10.46 percent from 2022 until 2023, reaching an all time high of 13.30 percent in May of 2022 and a record low of 2.30 percent in April of 2023. This page includes a chart with historical data for Georgia Harmonised Inflation Rate YoY. Georgia Harmonised Inflation Rate YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

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Georgia Harmonised Inflation Rate YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-04-10 07:00 AM Mar 5.2% 8.1% 7.4%
2023-05-10 07:00 AM Apr 2.3% 5.2% 4.9%
2023-06-09 07:00 AM May 2.3% 2.3%

Georgia Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability, mainly used by the EU member states. The calculation of HICP is based on the methodological guidelines and legislation developed by the European Union, the strict observance of which is mandatory for all countries producing this indicator. Thus, the successful introduction of this indicator in Georgia is of high importance in terms of convergence with the EU standards. HICP is distinguished from the Consumer Price Index (CPI) by several methodological features, mainly in terms of consumer basket weights and the classification used.
Actual Previous Highest Lowest Dates Unit Frequency
2.30 5.20 13.30 2.30 2022 - 2023 percent Monthly