Today.Az » World news » Inflation hit zero in Georgia in March
06 April 2011 [13:30] - Today.Az
The inflation rate hit zero in Georgia in March as compared to the previous month, the Georgian Statistics Agency reported.
With the cost of food and beverages decreasing by 0.1%, the proportion in the general inflation rate was 0.05%. The price of milk, cheese and eggs decreased by 4.8 percent, vegetables and melons by 2.2% and sugar and confectionery products by 1.9%.
The prices for clothes and shoes were reduced by 2.8%. The prices on fuel increased by 4.3%, the exploitation of personal vehicles increased by 3.6% and transport services by 1.3%, in March.
The annual inflation rate was 13.9% in March 2011 as compared to the same period in 2010.
The prices of food and non-alcoholic beverages increased by 28.8% and the annual inflation index hit 11.9%.
The prices of fruit increased by 65.5%, vegetables and melons by 41.1%, vegetable oil and fats by 36.5%, bread and bakery products by 25%, meat and meat products increased in price by 21.8%.
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