BAKU, Azerbaijan, November 18
By Tamilla Mammadova – Trend:
Subsistence minimum for average household in Georgia in October 2019 reached 323.5 lari ($108.8), which is 32 lari ($10.8) more compared to the same period of last year, Trend reports referring to the National Statistics Office of Georgia (Geostat).
The monthly increase of the subsistence minimum for the average household in Georgia was 4.9 lari ($1.6) compared to September 2019.
The subsistence minimum is a level of minimum income for one individual.
Subsistence minimum for average consumer was 170.8 lari ($57.5) in October 2019, which is 16.9 lari ($5.7) more compared to the same period of last year. Subsistence minimum for average consumer in October showed an increase of 2.6 lari (90 cents) compared to September 2019.
Subsistence minimum for working age male was 192.9 lari ($64.9) in October 2019, which is 19.1 lari ($6.4) more than it was in the same period of last year and 3 lari ($1) more than it was in September this year.
In October 2019, the household subsistence minimum was distributed as follows: for single member household - 170.8 lari ($57.5); for two member household - 273.3 lari ($91.9); for three member household - 307.5 lari ($103.5); for four member household - 341.7 lari ($115); for five member household - 384.4 lari ($129.3); for six and more member household - 454.4 lari ($152.9).
The National Statistics Office of Georgia calculates the subsistence minimum based on the minimum consumer basket according to the “Norms of determining the composition of minimum food basket for subsistence minimum regarding food substance and energy for physiology demand”.
(1 USD=2.97 GEL on November 18)
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