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Over half a million Georgians struggle under soaring inflation
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Over half a million Georgians struggle under soaring inflation
TBILISI, August 19 – Inflation in Georgia reached 4.3% in July compared with a year earlier, the highest since mid-2023, with food prices by far the biggest driver. According to the National Bank, food costs rose 10.3% year-on-year, accounting for 3.2 percentage points of the overall inflation rate. Bread, potatoes, sunflower oil, and the country’s staple Imeretian cheese were singled… Source
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