In July 2025, Georgia’s Consumer Price Index (CPI) fell by 0.2% compared to the previous month, while the annual inflation rate reached 4.3%, according to official data. Core inflation rose by 2.4% year-on-year, and core inflation excluding tobacco stood at 2.2%.

Key Monthly Price Movements:

Clothing and Footwear: Prices dropped 4.1%, contributing -0.19 percentage points to monthly inflation. Clothing fell 5.2%, and footwear declined 1.6%.

Food and Non-Alcoholic Beverages: Prices decreased by 0.4%, contributing -0.14 points. Sharp drops were seen in:

Vegetables (-6.6%)

Oils and fats (-0.8%)

Bread and cereals (-0.7%)

Milk, cheese, and eggs (-0.3%)

Soft drinks and juices (-0.2%)

However, some items increased:

Fruit and grapes (+3.1%)

Sweets and confectionery (+2.9%)

Fish (+1.8%)

Meat and beverages (each +0.2%)

Transport: Prices rose by 1.8%, adding 0.19 points to the index. Increases were led by:

Transport services (+2.5%)

Operation of personal vehicles (+2.2%)

Slight decrease in vehicle purchases (-0.4%)

Annual Inflation Drivers (July 2024 – July 2025):

Food and Non-Alcoholic Beverages: Up 10.4%, contributing +3.45 points to annual inflation. Notable increases included:

Vegetables (+25.5%)

Oils and fats (+17.0%)

Coffee, tea, and cocoa (+13.6%)

Fish, bread, dairy, fruits, sweets, and meat (+4.5% to +9.9%)

Health: Prices rose 9.5%, contributing +0.8 points, driven by:

Out-patient services (+10.5%)

Hospital services (+9.2%)

Medical products and equipment (+8.4%)

Transport: Down 3.8%, subtracting -0.48 points from annual inflation, mainly due to:

A 6.1% drop in personal transport operation costs.