BAKU, Azerbaijan, August 14
By Tamilla Mammadova – Trend:
Subsistence minimum for an average household in Georgia decreased in July 2020, compared to June 2020, Trend reports with reference to National Statistics Office of Georgia (Geostat).
The subsistence minimum for able-bodied men was 186.6 lari ($60.92) in June 2020, while in July 2020 this indicator decreased to 183.5 lari ($59.91).
Compared to June, the subsistence minimum of the average consumer in July decreased by 2.7 lari (88 cents) and amounted to 162.6 lari ($53.09).
In July 2020, subsistence minimum per capita for single-member household reached 162.6 lari ($53.09), for two-member household – 260.1 lari (84.92), for three-member household – 292.6 lari ($95.53), for four-member household – 325.1 lari ($106.14), for five-member household – 363.7 lari ($118.75), and for six-member household - 432.4 lari ($141.18).
In July of this year, the subsistence minimum for an average household was 307.9 lari ($100.53).
Geostat calculates the subsistence minimum on the basis of the minimum food basket, which was determined by the order of the Minister of Health of Georgia on May 8, 2003.
The food basket contains the necessary set of products to maintain the normal life of an able-bodied man. The minimum food basket consists of 40 types of products, including bread, cereals, meat, dairy products, vegetables and pastries.
The subsistence minimum is only an indicator of the cost of food. It does not include utility bills, transportation expenses and other obligatory expenses of the population.
---
Follow the author on Twitter: @Mila61979356