Countries of the region with the highest inflation rate

Countries of the region with the highest inflation rate

In March, deflation was recorded in Georgia. According to GeoStat, compared to previous month, inflation rate in Georgia made -0,4% and annual inflation rate made 2,8%.

Dropping of inflation pace in Georgia started in the beginning of the year. For comparison, in February inflation rate in Georgia was 0,2% and annual inflation rate was 2,7%.

Within the same period, inflation rate in trade partner countries of Georgia was as followed:

Azerbaijan – 4.1%

Armenia – 3.3%

Turkey – 10.3%

Russia – 2.2%

Ukraine – 14.0%

In Eurozone, two months inflation rate was 1,1% and 2,2% was in USA.

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