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
TBILISI, DFWatch–Georgia is seeing a slowdown in mortgage lending, driven by high interest rates and broader economic uncertainty. According to the National Bank of Georgia, commercial banks issued 24,000 new mortgage loans in the first half of 2025, down 13% compared to the same period last year. Despite the decline in the number of loans, … Read more
TBILISI, DFWatch–After months of stable prices, inflation in Georgia is once again on the rise, with food costs driving the sharpest increases. The national inflation rate reached 4% year-on-year in June, up from near-zero levels in late 2024, prompting concern among economists and households alike. Food prices have risen by 10% over the past year … Read more
TBILISI, DFWatch–The National Bank of Georgia further increased the refinancing rate to 6.0 percent on Wednesday.
The Bank’s president, Giorgi Kadagidze, said at a briefing that increasing the refinancing rate by half a percent is a response to an increased
TBILISI, DFWatch–For the second time this year, the National Bank has increased the refinancing rate by half a percentage point. The rate now stands at 5 percent.
About 8,000 people will have higher interest rate on their loans because of the change. Economic
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
TBILISI, DFWatch–11 new products including a guitar have been added to Georgia’s consumer basket, and four products were removed from the list.
The consumer basket is a theoretical collection of items used to define the consumer price index or inflation rate
TBILISI, DFWatch–The level of inflation did not significantly change in February, 2013, compared to the preceding month.
According to Georgian National Statistics Department, GeoStat, the national currency is up by 0.3 percent.
Price changes in the following
TBILISI, DFWatch – Georgia’s GDP grew 1.3 percent in second quarter of 2012, compared to the first quarter and is now at 8.1 percent, according to official statistics.
Georgia’s National Statistics Department points out that these are preliminary figures,
In 2011 inflation can be regarded as one of the major challenges for the Georgian economy, writes Irina Guruli, program coordinator at the Economic Policy Research Center.
Even though Georgia has been successful in suppressing the inflationary pressure