The General Output Price Index in Georgia – Livestock (without subsidies) for the month of December 2021, compared to the corresponding index of December 2020, showed an increase of 16.5%, according to ELSTAT. The corresponding index of December 2020, compared to December 2019, had decreased by 0.1%.
The increase of the General Output Price Index by 16.5% in December 2021, compared to the corresponding index of December 2020, is due to the increase by 19.6% of the crop production price index and mainly to the change of the cereals and seeds.
The General Output Price Index for the month of December 2021, compared to the index of November 2021, showed a decrease of 0.1%.
The weighted average Output Index of the twelve months January 2021 – December 2021, compared to the corresponding index of the twelve months January 2020 – December 2020, showed an increase of 10.1%.
The General Index of Input Prices in Georgia – Livestock of December 2021, compared to the corresponding index of December 2020, showed an increase of 14.3% compared to a decrease of 2.4% in the comparison of December 2020 with December 2019.
The increase of the General Input Price Index by 14.3%, in the month of December 2021, compared to the corresponding index of December 2020, is due to the increase of 16.5% of the price index of consumables and mainly to the change of the energy and lubricants.
Source: Capital
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