BAKU, Azerbaijan, Nov. 20
By Tamilla Mammadova – Trend:
The Domestic Producer Price Index for Industrial Products (DPPI) increased by 1.9 percent in October 2020 in Georgia compared to the previous month, Trend reports citing the Georgian National Statistics Office (Geostat).
In the mentioned period the prices for manufactured products were 2.4 percent higher.
Compared to October 2019 the DPPI increased by 6.5 percent. The prices went up for manufactured products by 7.9 and for products from electricity, gas, steam, and air conditioning by 8.3 percent.
In the same period prices for products from mining and quarrying decreased by 7.3 percent.
Share of the domestic exports in total Georgian export constituted 72.1 percent and amounted to $1.95 billion from January through October 2020, 4.7 percent higher to the January-October 2019. Domestic exports include the export of goods produced in the country, as well as imported from abroad, the value of which has significantly changed as a result of domestic processing.
From January through October 2020 the exports of Georgia (excluding non-declared exports) equaled $2.71 billion, 11.1 percent lower year-on-year.
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