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CPI inflation stood at 2.8% in July 2018

5b67f5bb76809
BM.GE
06.08.18 11:15
552
Annual inflation stood at 2.8% in July 2018, 0.6 PP higher compared to annual inflation in June 2018.

Transport (+6.9% YoY), food and non-alcoholic beverages (+2.3% YoY), utilities (+5.2% YoY) and health (+5.0% YoY) contributed most to annual inflation in July 2018. Prices decreased on clothing and footwear (-8.3% YoY) and communication (-1.4% YoY).

Core inflation stood at 1.4% YoY as of July 2018, 0.2 PP lower compared to the annual inflation in June 2018.