Economy, News

47 % price hike on vegetables in Georgia

by | Mar 6, 2014
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Vegetable prices had a projected annual growth of 46.6 percent in February, according to GeoStat. (DF Watch.)

TBILISI, DFWatch–Vegetable prices are on course to a 46.6 % projected annual increase in Georgia, new figures from the National Statistics Department, GeoStat, show.

Georgia’s monthly inflation rate was 0.2 percent in February, according to the new report.

In February 2014, the annual inflation rate in Georgia was 3.5 percent.

Projected to expected annual growth, prices for health care increased 1.7 %. A significant price rise was noted for medical products, appliances and equipment: 6.7 %.

Prices for restaurants and hotels increased 1.6 % in February. Prices for accommodation services increased 2.5 %, still speaking about annual projection.

According to the report, there are changes in prices for the following groups as well:

Food and non-alcoholic beverages increased by 5.7 %; vegetables 46.6 %, milk, cheese and eggs 4.2 %, fish 2.9 %. Prices fell 4.2 % for the subgroups of oils and fats and 3.2 % for fruits and grapes.

Housing, water, electricity, gas and other fuels increased by 9.3 %; prices rose for maintenance and repair of the dwelling 9.4 %.

Prices for alcoholic beverages and tobacco increased 7.7 %. A 14.2 % projected annual price increase was recorded for the tobacco subgroup.



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