Inflation expectations for three-year period decrease in July - NBG
The National Bank of Georgia (NBG) has published the July survey of economic activity participants on inflation expectations and economic activity.
According to the survey, compared to June, inflation expectations for a three-year period decreased in July. Specifically, fewer participants expect price changes in the range of 6–8% or above 8%.
At the same time, the share of respondents who expect price changes within 4–6% increased. Meanwhile, one-year inflation expectations remained almost unchanged compared to June.
On the one hand, the number of respondents expecting prices to stay the same or rise within 6–8% over the next year increased. On the other hand, the share of those expecting price changes between 0–2% or above 8% decreased.
The survey also shows that expectations for price changes in respondents’ own products and services over the next year have been revised downward.
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Inflation expectations for three-year period decrease in July - NBG
18.08.2025.18:13
The National Bank of Georgia (NBG) has published the July survey of economic activity participants on inflation expectations and economic activity.
According to the survey, compared to June, inflation expectations for a three-year period decreased in July. Specifically, fewer participants expect price changes in the range of 6–8% or above 8%.
At the same time, the share of respondents who expect price changes within 4–6% increased. Meanwhile, one-year inflation expectations remained almost unchanged compared to June.
On the one hand, the number of respondents expecting prices to stay the same or rise within 6–8% over the next year increased. On the other hand, the share of those expecting price changes between 0–2% or above 8% decreased.
The survey also shows that expectations for price changes in respondents’ own products and services over the next year have been revised downward.
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