The General Output Price Index in Georgia – Livestock (without subsidies) for November 2021, compared to the corresponding index of November 2020, showed an increase of 16.1%. The corresponding index of November 2020, compared to November 2019, had increased by 1.5%.
According to ELSTAT data, the increase in the General Output Price Index by 16.1% in November 2021, compared to the corresponding index in November 2020, is due to the 18.4% increase in the crop production price index and mainly in the change of groups cereals and seeds, and industrial plants.
The General Output Price Index for the month of November 2021, compared to the index for October 2021, showed a decrease of 2.2%.
The weighted average Output Index of the twelve months December 2020 – November 2021, compared to the corresponding index of the twelve months December 2019 – November 2020, showed an increase of 8.7%.
The General Index of Input Prices in Georgia – Livestock of November 2021, compared to the corresponding index of November 2020, showed an increase of 15.3% compared to a decrease of 3.3% compared to November 2020 with November 2019.
The increase of the General Input Price Index by 15.3%, in November 2021, compared to the corresponding index of November 2020, is due to the increase by 17.7% of the price index of consumables and mainly to the change of the energy group and lubricants.
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Source From: Capital
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