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Producer Price Index for Transportation and Storage Services in Georgia revealed

Business Materials 20 September 2021 19:44 (UTC +04:00)

BAKU, Azerbaijan, Sept.20

Tamilla Mammadova – Trend:

Producer Price Index for Transportation and Storage Services increased by 1.9 percent in August 2021 compared to the previous month in Georgia, Trend reports via the National Statistics Office of Georgia (Geostat).

In the mentioned period the prices decreased by 0.1 percent for the group of land transport services and transport services via pipelines. Along with this, the prices increased for air transport services by 9.8 percent. Besides, the prices were 0.2 percent lower for warehousing and support services for transportation.

Compared to August 2020 the overall index increased by 4.9 percent. The prices rose for land transport services and transport services via pipelines by 2.4 percent, for air transport services by 14.7 percent and also, for warehousing and support services for transportation by 3.6 percent.

The total Producer Price Index for Telecommunication Services decreased by 0.01 percent compared to the previous month. In the mentioned period the prices were 0.1 percent lower for other telecommunications services.

The overall index went down by 0.04 percent compared to the same month of the previous year. In the mentioned period the prices were 0.1 percent higher for wireless telecommunications services and 0.7 percent lower for other telecommunications services.

Producer Price Index for Accommodation and Food Services increased by 5.1 percent compared to the previous month. The prices were higher for accommodation services by 7.2 percent and also, for food and beverage serving services by 1.2 percent.

The overall index posted a 19.8 percent increase compared to August 2020. The prices increased by 12.6 percent for food and beverage serving services and by 14.9 percent for accommodation services.

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