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Georgia’s economic growth slows down in June

by Mariam Razmadze
August 4, 2025
in Uncategorized
Reading Time: 1 min read
Georgia’s economic growth slows down in June

Photo: Stanford Report.

The National Statistics Office (Geostat) released new data revealing that consumer prices in Georgia rose by 4.3% year-on-year in July 2025, driven primarily by significant increases in food and healthcare costs.

The largest contributor to annual inflation was the food and non-alcoholic beverages category where prices grew by 10.4%, accounting for 3.45 percentage points of the overall inflation rate. Sharp increases were recorded in vegetables (25.5%), oils and fats (17.0%), and coffee, tea and cocoa (13.6%).

Healthcare costs also increased significantly, rising by 9.5% and contributing 0.8 percentage points to the inflation rate. Out-patient services saw the largest increase at 10.5%, followed by hospital services (9.2%) and medical products (8.4%).

Transport was the only major category to see a price decline, falling 3.8% year-on-year. This drop, mainly due to a 6.1% decrease in the cost of operating personal transport equipment, reduced the overall inflation rate by 0.48 percentage points.

Core inflation, which excludes volatile items, stood at 2.4% annually, or 2.2% when excluding tobacco products.

Tags: consumer pricesGeorgian EconomyGeostat
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