Georgia’s industrial producer price index surges by 5.9% year-on-year in June l Geostat
According to data released by the National Statistics Office of Georgia (GeoStat), the Producer Price Index (PPI) for industrial products decreased by 0.8% in June 2026 compared to the previous month, while registering a 5.9% increase compared to the same month last year.
GeoStat reports that, compared to May 2026, prices in the mining and quarrying sector dropped by 5.8%, contributing -0.45 percentage points to the overall index change. Over the same period, prices for manufacturing output decreased by 0.9%, contributing -0.7 percentage points to the total index shift. Conversely, a 3.3% price increase was recorded in the electricity, gas, steam, and air conditioning supply sector, which contributed 0.32 percentage points to the monthly index change.
“Over the 12 months, the formation of the index was primarily driven by price changes in the following sectors:
Mining and quarrying: Prices rose by 15.3%, impacting the overall index change by 1.04 percentage points. Within this group, a notable price increase was recorded for metal ores (19.6%).
Manufacturing: Prices increased by 5.2%, contributing 4.19 percentage points to the total index growth. Price hikes were observed in food products (5.8%) and basic metals (10.6%).
Electricity, gas, steam, and air conditioning supply: Prices rose by 4.4%, affecting the annual change in the overall index by 0.46 percentage points.
Water supply, sewerage, waste management, and remediation activities: Prices grew by 6.7%, impacting the total index by 0.21 percentage points,” GeoStat’s published report stated.
Other News
Five leading commercial banks to transform their treasury infrastructure using Nasdaq Calypso system - NBG
21.07.2026.19:29
Five leading Georgian commercial banks, Bank of Georgia, TBC Bank, Liberty Bank, Terabank and Basisbank, will transform their treasury infrastructure using the Nasdaq Calypso system, an internationally recognised platform, the National Bank of Georgia (NBG) announced.
According to the NBG, Nasdaq is announcing this development to the public via a banner displayed in New York’s Times Square.
The NBG further stated that the Nasdaq Calypso shared platform is being implemented with the support of the National Bank of Georgia and under the auspices of the Georgian Financial Markets Treasury Association, providing the reliable, world-class infrastructure needed to foster the further growth of the banking sector.
“This initiative, which is being implemented within the framework of the “Georgia Financial Markets Development Program” (GMAP) and coordinated by the Georgia Financial Markets Treasury Association (GFMTA), represents a significant milestone in the development of Georgia’s financial markets.
The partnership with Nasdaq represents another important milestone in the transformation of Georgia’s commercial banks and will support their integration into the global banking system,” the NBG said.