Key data points
Last release
—
Observation period
Aug 2025
Next release
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Forecast
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Highest
13.30 % on Jun 30, 2022
Lowest
−0.50 % on Jul 31, 2023
About Georgia Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability, mainly used by the EU member states. The calculation of HICP is based on the methodological guidelines and legislation developed by the European Union, the strict observance of which is mandatory for all countries producing this indicator. Thus, the successful introduction of this indicator in Georgia is of high importance in terms of convergence with the EU standards. HICP is distinguished from the Consumer Price Index (CPI) by several methodological features, mainly in terms of consumer basket weights and the classification used.