Georgia's Inflation Edges Up to 5.8% in June as TBC Capital Flags Intensifying West Asia Risk to Outlook

Georgia's National Statistics Office (Geostat) reported on July 3, 2026 that annual inflation rose to 5.8% in June, up slightly from 5.7% in May. Annual core inflation stood at 3.5%, with food and non alcoholic beverages, up 5.6%, the largest contributor to the increase.

Investment bank TBC Capital said in an update published July 8, 2026 that renewed West Asia escalation following the collapse of the US Iran ceasefire in early July has increased uncertainty around Georgia's inflation outlook and monetary policy path. As a Caucasus transit and financial hub with trade and tourism links to Iran's near neighborhood, Georgia is directly exposed to the Iran crisis through global energy price volatility.