The National Bank of Georgia publishes the “Monthly Review” of June 2024.
In May, the annual inflation increased compared to the previous months and amounted to 2.0%, although it remains below the target rate of 3%. Compared to April, prices grew by 0.4%. The reason for the moderate increase in inflation in April is related to the growth of the prices of fuel and food.
In April, the import of goods increased, while the registered export of goods decreased.
The increase in the import of goods was mainly due to the increase in the import of investment goods. As for the decrease in the export of goods was largely caused by the decrease in the export of intermediate goods.
By Mariam Mtivlishvili
