Page 22 - GEORptNov21

Core inflation, calculated by excluding from the consumer basket food and non-alcoholic beverages, energy, regulated tariffs and transport (specific tariffs), eased to 6.3% y/y in September from 6.7% y/y in August.
4.2.2 PPI dynamic
Georgia’s August PPI up 16.8%
Annual PPI for industrial goods was 16.8% in August 2021, up from 16.4% in previous month, according to Geostat. Price changes in manufacturing (+19.5% y/y) and electricity, gas, steam and air conditioning (+11.4% y/y) contributed the most to the overall index change in September.
22 GEORGIA Country Report November 2021 www.intellinews.com