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Georgia sees increase in some food products

Business Materials 4 November 2020 12:29 (UTC +04:00)
Georgia sees increase in some food products

BAKU, Azerbaijan, November 4

By Tamilla Mammadova – Trend:

Vegetable oil prices are 30 percent up in Georgia, Trend reports via Georgian media.

Accordingly, the price per bottle has increased by at least 1 lari (31 cents).

As the head of importing company "Baraka" Guram Brodzeli declares, the oil will become more expensive due to lari exchange rate.

"Suppliers have already grown prices," said Brodzeli.

As for the other imported consumer products, Brodzeli explains, that prices are mostly stable, although the only product that has risen significantly on the international market is sugar.

According to him, prices have been adjusted in Georgia as well, but thanks to the state support, Agara Sugar company manages to keep prices by the end of the year.

"Sugar got very expensive. Agara Sugar is still holding prices through state subsidies, but sugar price is already 5 tetri up and another growth by 5 tetri (1.55 cents) is still expected due to lari exchange rate. Let's see what will happen in December, when subsidy for Agara Sugar will be over," Brodzeli said.

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