In May 2025, Georgia’s Producer Price Index (PPI) for industrial products fell by 0.5% compared to April, while showing a 4.9% increase year-on-year, according to GeoStat.

• Monthly decline was mainly driven by lower prices in manufactured products (-0.5%) and electricity, gas, steam, and air conditioning (-2.2%).

• Mining and quarrying prices rose by 1.9%, slightly offsetting the overall monthly decline.

• Notably, prices for basic metals dropped by 2.6% over the month.

On an annual basis, key contributors to the 4.9% increase included:

• Electricity and utilities: up 13.8%, contributing 1.39 percentage points;

• Mining and quarrying: up 13.3%, led by an 18.1% rise in metal ore prices;

• Manufactured products: up 3.2%, with food and beverages seeing increases of 4.9% and 4.6% respectively.

The water and waste management sector saw a modest 0.4% price increase year-on-year.