Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Georgian November Inflation Reaches Highest Since War in 2008

Georgia’s inflation rate rose to 10.5 percent in November, the highest since a war with Russia in 2008, led by increased food, alcohol and tobacco costs, Statistics Georgia said on its website today.

The rate has been rising since September because of increasing wheat prices. Consumer prices grew 9.6 percent in October and the central bank last month said annual inflation for 2010 may be as much as 10.6 percent.

“I don’t see any possibility that the inflation rate will come down any time soon,” said Davit Narmania, executive director of the Caucasian Institute for Economic and Social Research in Tbilisi. High world commodities prices and local market conditions are boosting the rate, he said.

Georgia’s inflation rate reached 10.6 percent in September 2008, the month after the former Soviet republic’s army was routed in a five-day war with Russia over the breakaway Georgian region of South Ossetia.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.