Page 19 - GEORptOct19
P. 19
4.2.2 PPI dynamic
Georgia’s PPI for industrial products up 6.4% y/y in June
Georgia’s Producer Price Index (PPI) for industrial products increased by 6.4% y/y in June, rising from 4.1% y/y in the previous month and 5.4% in March, according to the national statistics office.
It was the highest producer inflation since August last year as cost increased faster for manufacturing (6.1% rise in March) and electricity, gas, steam and air conditioning supply (1.4% in March). Moreover, prices rebounded sharply for mining and quarrying (5.3% in March).
On a monthly basis, producer prices rose 1.1% in March after showing no growth in February.
19 GEORGIA Country Report October 2019 www.intellinews.com
