In February 2022 the Consumer Price Index increased by 0.9 percent compared to the previous month, while the annual inflation rate amounted to 13.7 percent. With regard to the annual core inflation1 , the prices increased by 5.1 percent, while the annual core inflation without tobacco2 also amounted to 5.1 percent. 

The monthly inflation rate was mainly influenced by price changes for the following groups:

Food and non-alcoholic beverages: the prices for the group increased by 2.1 percent, contributing 0.67 percentage points to the overall monthly index change. The prices were higher for the following subgroups: vegetables (10.8 percent), mineral waters, soft drinks, fruit and vegetable juices (6.8 percent), sugar, jam, honey, chocolate and confectionery (3.1 percent), oils and fats (3.0 percent), coffee, tea and cocoa (2.7 percent), bread and cereals (1.7 percent), fish (1.4 percent). In the same period the prices were lower for milk, cheese and eggs (-2.7 percent);

Transport: the prices increased by 1.0 percent, contributing 0.12 percentage points to the monthly inflation rate. Within the group the prices mainly increased for transport services (3.8 percent);

Alcoholic beverages and tobacco: the prices were 1.3 percent higher, with the relevant contribution of 0.09 percentage points to the overall inflation rate. The prices increased for both alcoholic beverages (2.0 percent) and tobacco (0.5 percent);

Clothing and footwear: the prices for the group decreased by 4.1 percent, with the relevant contribution of -0.15 percentage points to the monthly inflation rate. Within the group, the prices were lower for both footwear (-7.4 percent) and clothing (-2.6 percent).

Source: National Statistics Office of Georgia

See detailed information: https://www.geostat.ge/media/43589/Inflation-Rate-in-Georgia%2C-February-2022.pdf