Producer Prices in Georgia increased 12.70 percent in May of 2020 over the same month in the previous year.
Producer Prices Change in Georgia averaged 6.04 percent from 2002 until 2020, reaching an all time high of 19 percent in October of 2007 and a record low of -9.76 percent in April of 2009. This page provides - Georgia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Producer Prices Change in Georgia is expected to be 13.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Georgia to stand at 7.50 in 12 months time. In the long-term, the Georgia Producer Prices Change is projected to trend around 7.10 percent in 2021 and 6.60 percent in 2022, according to our econometric models.