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.
