Inflation Georgia 2008
Average inflation: 4.4%
Current Inflation
Inflation is high at 4.4%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 6.8%. The lowest inflation was in April at 1.4%.
- Highest month
- December: 6.8%
- Lowest month
- April: 1.4%
- Difference
- 5.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 12.3%. The lowest price increase was in Energy with an average of 9.8%.
- Highest increase
- Food: 12.3%
- Lowest increase
- Energy: 9.8%
Historical Context
Current inflation is around the 5-year average of 4.0%.
- 5-year average
- 4%
- 10-year average
- 4%
- All-time high (2007)
- 5.4%
- All-time low (2006)
- 2.1%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by -1.0 percentage point.
- Change vs. previous year
- -1.0 percentage points
- Largest monthly swing
- May: -5.0 percentage points
ECB Target
Inflation is 2.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 5.1% | +3.1 |
| February | 5.0% | +2.9 |
| March | 3.1% | -1.1 |
| April | 1.4% | -4.9 |
| May | 1.6% | -5.0 |
| June | 2.2% | -4.2 |
| July | 3.7% | -2.6 |
| August | 5.0% | -1.4 |
| September | 6.3% | +0.3 |
| October | 6.5% | +0.5 |
| November | 6.6% | +0.6 |
| December | 6.8% | +0.8 |
| Average | 4.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.