In July 2024, the Producer Price Index (PPI) for Industrial Products fell by 0.5% compared to the previous month, but it rose by 8.2% compared to July 2023.
Prices for mining and quarrying products dropped by 1.2 percent, while manufactured goods saw a 0.7 percent decline.
Food products and beverages experienced price drops of 0.9 percent and 2.2 percent.
Additionally, prices for electricity, gas, steam, and air conditioning rose by 1.4 percent.
By Mariam Mtivlishvili
