Georgia’s Annual Inflation at 4.8% in January 2026

Georgia’s annual inflation rate stood at 4.8% in January, while consumer prices increased by 1.2% compared to the previous month, according to data released by the National Statistics Office (Geostat) on February 3.

Annual inflation was primarily driven by rising prices for food and non-alcoholic beverages (up 10.6%), health services (up 8.3%), restaurants and hotels (up 8.1%), miscellaneous goods and services (up 7.4%), and alcoholic beverages and tobacco (up 3.5%). The prices declined in communication (down 4.6%), recreation and culture (down 2.5%), and clothing and footwear (down 1.8%).

On a monthly basis, the biggest price drop was recorded in clothing and footwear (down 4.3%), while prices rose in food and non-alcoholic beverages (up 2.9%), miscellaneous goods and services (up 2.9%), and health (up 2.4%).

Within the food and non-alcoholic beverages category, annual price increases were recorded for vegetables (12.5%), fruit and grapes (5.9%), milk, cheese and eggs (3.5%), sugar, jam, honey, chocolate and confectionery (2.8%), coffee, tea and cocoa (2.6%), fish (1.8%), oils and fats (1.5%), meat (1.4%), and bread and cereals (0.2%). In contrast, prices for mineral waters, soft drinks, and fruit and vegetable juices declined by 0.5%.

High grocery prices have long been among the key economic concerns for Georgian households. Georgian Dream Prime Minister Irakli Kobakhidze raised the issue publicly in December, suggesting that high prices could be the result of cartel-like practices among retailers. The Georgian Dream government established a commission to examine the prices, while the State Security Service of Georgia began an investigation. The disputed parliament is also set to establish a temporary commission to study food, medicine, and fuel prices. Irakli Kobakhidze says prices are expected to begin declining by April.

Also Read:

• 26/01/2026 – Money Transfers to Georgia Rise 18% in December, EU and U.S. Remain Top Sources
• 08/01/2026 – Georgia’s Annual Inflation at 4% in December 2025