"Geostat": In August, the import price index decreased by 1.1% compared to the previous month, and compared to the corresponding month of the previous year, the index decreased by 0.5%

In August 2024, the import price index decreased by 1.1 percent compared to the previous month, and compared to the corresponding month of the previous year, we have a 0.5 percent decrease in the index.

According to the information of the National Statistics Service of Georgia, compared to the corresponding month of the previous year, prices for the group of mining and quarrying products decreased by 20.4 percent.

"A 3.2 percent increase in the prices of manufacturing industry products is recorded, and a 48.1 percent decrease in prices for the group of electricity, gas, steam and air conditioning. As for the group of water supply, sewage, waste management and recultivation services, we are facing an 11.0 percent decrease in prices," the information states.