Georgia's Inflation Reaches 5.9% in April, Highest in Two Years, Driven by Rising Transport and Food Costs
In April, Georgia experienced a significant rise in inflation, reaching 5.9%, the highest level in two years, according to data from Geostat. This increase was primarily driven by a 10.3% rise in transport costs, which contributed 1.2 percentage points to the overall inflation rate. The surge in transport expenses is largely attributed to higher fuel prices, affecting both personal vehicle operations and transport services. Additionally, food prices saw a sharp increase of 7.5% year-on-year, contributing 2.58 percentage points to inflation. Notable price hikes were observed in fish, fruits, grapes, meat, and vegetables. Housing and utility costs also rose by 6.5%, influenced by increased tariffs on electricity, gas, and heating. 
