(www.civil.ge) - Georgian Prime Minister Zurab Nogaideli told cabinet members at a session on September 6 that inflation in August has decreased from 6,4%, which was reported in July, to 6%.
This was made possible as a result of very effective measures carried out by the government and the National Bank [of Georgia], PM Nogaideli said, reports Trend.
The International Monetary Fund (IMF) said on August 18 that inflation accelerated in Georgia to 14,5% by the end of July, which is well above planned targets and poses a serious risk to macroeconomic stability.