Inflation in Georgia is forecasted at 6 percent in 2012

Business Materials 5 January 2012 20:15 (UTC +04:00)

Georgia, Tbilisi, Jan.5 /Trend N.Kirtskhalia/

Average inflation target for 2012 is set at 6 percent in Georgia, executive director of the Georgian National Statistics Service Zaza Chelidze said on Thursday.

"It is normal indicator for developing country like Georgia. But, it is difficult to predict inflation in general," Chelidze said.

Inflation was 2 percent in December 2011 compared to the same period of 2010.