The lari was close to unchanged against the US dollar over the three days shown, at 2.6005 per dollar on 10 October against 2.6021 on 8 October. The euro moved more: after dipping to 2.9100 on 9 October, it firmed to 2.9154 on 10 October from 2.9115 on 8 October. For firms with euro-denominated supply contracts, the week's pricing came from the euro leg rather than the dollar one.

Annual inflation was 5.6% in August, 0.1 percentage points above July's 5.5% and below the 5.8% recorded in June. Three readings in that narrow band point to inflation that has stopped falling rather than one that is turning.

The monetary policy rate stood at 8.25% at each of the last three decisions — 17 June, 29 July and 9 September — and remains above the 8.00% year-end level of both 2025 and 2024.

Real GDP grew 9.0% in the first quarter of 2026, after 6.7% in the fourth quarter of 2025 and 6.4% in the third. All three figures are provisional and subject to revision.

Georgia Economy Inflation

Figures in this post

Every number below was checked against the source before publication.

  • CPI_YOY_M Annual inflation National Statistics Office of Georgia (Geostat)
  • FX_EUR_GEL Euro to lari National Bank of Georgia
  • FX_USD_GEL US dollar to lari National Bank of Georgia
  • GDP_REAL_GROWTH_Q Real GDP growth, quarterly National Statistics Office of Georgia (Geostat)
  • POLICY_RATE_A Monetary policy rate, year-end National Bank of Georgia — downloaded files
  • POLICY_RATE_D Monetary policy rate, per decision National Bank of Georgia

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