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Georgia Inflation Eases Further In May

June 2, 2023


Georgia’s consumer price inflation eased for the eighth successive month in May, though it remained strong overall, figures from the National Statistics Office of Georgia showed on Friday.

The consumer price index, or CPI, increased 1.5 percent yearly in May, following a 2.7 percent rise in April.

Prices of food and non-alcoholic beverages grew 3.3 percent annually in May. Prices for miscellaneous goods and services rose 18.4 percent. Costs of alcoholic beverages and tobacco climbed 7.1 percent.

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