Inflation Georgia 2018

Average inflation: 6.5%

Current Inflation

Inflation is very high at 6.5%, far above the ECB target.

Peak and Trough

The highest inflation was in August at 6.7%. The lowest inflation was in January at 6.4%.

Highest month
August: 6.7%
Lowest month
January: 6.4%
Difference
0.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 4.3%. The lowest price increase was in Food with an average of 2.2%.

Highest increase
Energy: 4.3%
Lowest increase
Food: 2.2%

Historical Context

Current inflation is around the 5-year average of 6.9%.

5-year average
6.9%
10-year average
5.9%
All-time high (2017)
8%
All-time low (2006)
2.1%

Trend

Inflation has remained relatively stable. Compared to 2017, the difference is minimal (-1.5 percentage point).

Change vs. previous year
-1.5 percentage points
Largest monthly swing
January: -2.4 percentage points

ECB Target

Inflation is 4.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €106.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Month overview

Month Inflation Difference vs. 2017
January 6.4% -2.4
February 6.4% -2.4
March 6.5% -2.2
April 6.6% -2.1
May 6.5% -1.9
June 6.5% -1.9
July 6.6% -1.4
August 6.7% -1.2
September 6.6% -1.0
October 6.5% -0.9
November 6.6% -0.3
December 6.4% -0.5
Average 6.5%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also