Friday, December 5, 2025

Over half a million Georgians struggle under soaring inflation

TBILISI, August 19 – Inflation in Georgia reached 4.3% in July compared with a year earlier, the highest since mid-2023, with food prices by far the biggest driver. According to the National Bank, food costs rose 10.3% year-on-year, accounting for 3.2 percentage points of the overall inflation rate. Bread, potatoes, sunflower oil, and the country’s … Read more

Soaring food prices offsetting benefits of growth for most Georgians

TBILISI, August 6 – The International Monetary Fund expects Georgia’s economy to grow by 6% in 2025. However, many fear that inflation, particularly in food, may take away much of the potential benefit for the wider population. Inflation in Georgia rose to 4.3% year-on-year in July, the highest level recorded since May 2023, driven primarily … Read more