In September 2017, the level of inflation in Georgia, compared to the previous month, made 0,7% and the annual inflation rate was 6,2%.
Within the same period, among the trade partners of Georgia, highest inflation rate – 12,5% – was registered in Azerbaijan. According to the data provided by the National Bank of Georgia, inflation rate was 11,2% in Turkey and 16,2% in Ukraine.
Annual inflation rate in Armenia made 1,0% in September. In Eurozone, inflation rate was 1,5%. Level of inflation was 3,0% in Russia and 1,9% in USA.
In August this year, the growth speed of actual gross domestic product in Georgia, according to the preliminary data, was 4,4%, while average actual DGP growth over the period of 8 months of the current year was 4,7%.
Effective actual annual GDP growth of the trade partner countries in the second quarter of the year was following:
Armenia – 5,5%
Turkey – 5,1%
Eurozone – 2,3%
Russia – 2,5%
USA – 2,2%
Ukraine – 2,3%
