BAKU, Azerbaijan, June 19. Prices for food and
non-alcoholic beverages in Georgia declined by 0.6% in May 2026,
contributing a negative 0.22 percentage points to overall monthly
inflation
Data obtained by Trend from the country's National Statistics (Geostat)
indicates that the decrease was primarily driven by a 7.5% drop in
vegetable prices. Milk, cheese, and eggs fell by 1.9%, oils and
fats by 0.2%, bread and cereals by 0.1%, and sugar, jam, honey,
chocolate, and confectionery by 0.1%.
Conversely, prices rose for fruits and grapes by 3.2%, mineral
waters, soft drinks, and juices by 2.4%, coffee, tea, and cocoa by
1.5%, fish by 1.1%, and meat by 0.8%.
Georgia’s food and agricultural sector remains a vital component
of the economy, with key activities including viticulture, hazelnut
production, fruit cultivation, and livestock farming. The wine
industry is a major export driver, alongside growing outputs of
hazelnuts, citrus fruits, berries, and dairy products. Agricultural
exports benefit from preferential access to EU markets under the
DCFTA, which has also encouraged modernization of food safety
standards and production practices.
Under its Agriculture and Rural Development Strategy 2021–2027,
the government has prioritized agricultural modernization and food
security, focusing on productivity, irrigation, rural
infrastructure, and farmers’ access to finance. Authorities are
also promoting digitalization, expanding subsidies for key crops,
and investing in irrigation and climate resilience to mitigate
weather-related risks, which remain critical for price stability
and output reliability.
