Annual inflation drops in Georgia, but a year-on-year gap in food prices is still large
EastFruit analysts highlight reduced inflation in Georgia. While we were used to seeing an annual difference of 10% or more in the general price level, or inflation, for quite some time now, the change in the overall price level in March 2023 amounted to only 5.3%. Alarmingly, a year-over-year change in the average price of the food group is still above 10%.
Data
EastFruit is an analytical platform that helps in the development of the fruit and vegetable business. The main goal of this platform is to increase the incomes of producers through more efficient production, storage, processing and marketing of fruits and vegetables. EastFruit is a center of knowledge and experience for all participants in the fruit and vegetable market in Eastern Europe, the Caucasus and Central Europe.
The portal is aimed at fruit and vegetable producers, small and medium farmers, producers of fruit and vegetable juices, fruit and vegetable processing, exporters, importers, supermarket chains, suppliers of seedlings, seeds, technologies and equipment, as well as associations and unions of fruit and vegetable producers, state structures and suppliers of services and products for the agricultural sector. In short, for all participants in the fruit and vegetable business.