According to data from the National Statistics Office of Georgia (GeoStat), the monthly inflation rate stood at -0.4 per cent in July 2026, down from the previous month, while the annual inflation rate was 5.5 per cent.

Regarding core inflation, GeoStat reported that the indicator reached 3.8 per cent in July 2026, compared with the same period last year, while the annual core inflation rate, excluding tobacco, was 3.5 per cent.

“Price movements across the following categories primarily drove the formation of the monthly inflation rate:

Food and Non-Alcoholic Beverages: Prices in this category fell by 0.9 per cent, contributing -0.3 percentage points to the monthly inflation figure. Price decreases were recorded in the following sub-categories: vegetables and melons (-12.3 per cent), fruit and grapes (-2.8 per cent), sugar, jam, and other confectionery (-0.8 per cent), mineral and spring water, soft drinks, and natural juices (-0.5 per cent), meat and meat products (-0.3 per cent), and fish (-0.1 per cent). Conversely, price increases were observed in coffee, tea, and cocoa (2.3 per cent), milk, cheese, and eggs (2.1 per cent), oils and fats (1.2 per cent), and bread and cereals (0.7 per cent).

Clothing and Footwear: Prices in this category dropped by 4.9 per cent, contributing -0.22 percentage points to monthly inflation. Reductions were recorded across both clothing (-6.4 per cent) and footwear (-2.4 per cent).

Housing, Water, Electricity, Gas, and Other Fuels: Prices rose by 0.8 per cent, contributing 0.08 percentage points to the monthly index. The rise was predominantly driven by increases in actual rentals for housing (2.3 per cent) and regular maintenance and repair of the dwelling (1.3 per cent),” GeoStat noted in its published report.