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The annual gap in retail prices in Georgia has reduced significantly – The trend is likely to continue throughout June

2023-06-07 00:00

EastFruit analyst note that consumer price levels drop to the National Bank’s target range in Georgia. After rising fast since 2019, the retail price growth has finally cooled down.

Data source: GeoStat

Month-over-month, food prices have reduced by 1.7%. GeoStat highlights the group of vegetables, which got 5% cheaper. The average price level for all goods

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East-fruit.com

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.

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