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Georgia’s industrial producer prices jump 5.6% in October - Geostat

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In October 2025, the Producer Price Index (PPI) for industrial products increased by 1.1% compared to the previous month, while the year-on-year increase reached 5.6%, Geostat reported.

Mining and quarrying prices rose by 8.0%, contributing 0.56 percentage points to the overall monthly PPI growth. Manufactured products increased by 0.5%, contributing 0.42 percentage points. Within this category, prices rose for: Food products – 0.8%, basic metals – 2.9%,

Prices for electricity, gas, steam and air conditioning increased by 0.6%, contributing 0.07 percentage points to the monthly index.

The 5.6% year-on-year PPI increase was mainly driven by the following categories:

  • Mining and quarrying: Prices were 21.7% higher than in October 2024, contributing 1.41 percentage points to the annual change, within the group, metal ore prices increased by 30.1%.

  • Manufactured products: Prices rose by 3.9%, contributing 3.13 percentage points to the annual increase, notable price rises were recorded for food products (9.7%) and beverages (5.2%).

  • Electricity, gas, steam and air conditioning: Annual prices increased by 10.0%, contributing 1.04 percentage points.

  • Water supply, sewerage, waste management and remediation services: Prices increased by 0.2%, contributing 0.01 percentage points.

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image With the Permanent Secretary of the Ministry of Transport of Singapore we discussed issues related to cooperation in maritime and aviation sectors, including launching of direct flights - Tamar Ioseliani

25.11.2025.17:00

Tamar Ioseliani, Deputy Minister of Economy and Sustainable Development, held a meeting with Lau Peet Meng, Permanent Secretary of the Ministry of Transport of Singapore. The meeting was held within the framework of the International Maritime Organization (IMO) Assembly in London.

Deepening cooperation between Georgia and Singapore in the directions of maritime digitalization, the development of green ports, and sustainable transformation were the key points of emphasis during the meeting. Special attention was paid to safety systems, hydrographic services, human capital development, and innovative projects.

“It was a very productive meeting; we discussed a number of important issues. From our side, we highlighted the Middle Corridor as a key transport-logistics route connecting Asia and Europe, and Georgia’s importance in its development process. We welcome the sharing of Singapore’s experience in the field of port efficiency and logistics optimization” – Tamar Ioseliani commented.

The Deputy Minister of Economy and Sustainable Development, the meeting with the Permanent Secretary of the Singapore Ministry of Transport also covered the deepening of cooperation in the civil aviation sector, including the issue of direct flights between the countries. Tamar Ioseliani highlighted the growth dynamics in Georgia’s civil aviation sector and the work undertaken regarding market diversification. As she noted, based on data from the first 9 months of this year, a record number of flights were performed at Georgian airports: regular flights amounted to 22 125, while charter flights equaled to 6556.

“The conversation also covered the progress of such important, large-scale infrastructure projects as the new Vaziani International Airport and the Anaklia Deep Sea Port, and their role in terms of increasing connectivity between countries” – Tamar Ioseliani noted.

Furthermore, according to the Deputy Minister, Georgia is ready for a long-term partnership with Singapore that will promote digitalization, green development, safety, and maritime innovation. As Tamar Ioseliani noted, Georgia is implementing complex digital reforms, including the development of the Maritime Single Window and Port Community System and the Singapore’s experience in creating a fully integrated digital port ecosystem is particularly important for Georgia.

“Georgia attaches great importance to our cooperation and sees strong potential for deepening the partnership, especially under the conditions where significant reforms are underway in the maritime sector in the country” – Tamar Ioseliani noted during the conversation with her Singaporean colleague.

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