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Georgia should be afraid of inflation growth

2010-08-20 17:32

By end 2010 inflation in Georgia can reach a 2-digit rate - Business-Gruzia.

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According to Avtandil Silagadze, the ex-Minister for Property Management of Georgia, the authorities are unlikely to be able to stop the growth of prices for food. In his view, the rise of price for wheat, sugar, agricultural products, will raise prices of other consumer's goods.

Silagadze says the production of agricultural and other products dropped to minimal, and in case the government proposes a program to improve the situation, the inflation growth will continue even next year.

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