n March 2022 the Consumer Price Index increased by 2.5 percent compared to the previous month, while the annual inflation rate amounted to 11.8 percent. With regard to the annual core inflation1 , the prices increased by 5.3 percent, while the annual core inflation without tobacco2 amounted to 6.0 percent. 

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

Transport: the prices increased by 8.9 percent, contributing 1.03 percentage points to the monthly inflation rate. Within the group the prices increased for operation of personal transport equipment (11.9 percent), transport services (3.3 percent) and purchase of vehicles (1.3 percent);

Food and non-alcoholic beverages: the prices for the group increased by 2.0 percent, contributing 0.68 percentage points to the overall monthly index change. The prices were higher for the following subgroups: sugar, jam, honey, chocolate and confectionery (6.6 percent), fruit and grapes (5.0 percent), coffee, tea and cocoa (4.3 percent), oils and fats (3.4 percent), bread and cereals (3.1 percent), mineral waters, soft drinks, fruit and vegetable juices (2.1 percent), meat (1.7 percent), milk, cheese and eggs (1.4 percent). 

Source: National Statistics Office of Georgia

See detailed information: https://www.geostat.ge/media/44354/Inflation-Rate-in-Georgia%2C-March-2022.pdf