Georgia inflation rate for 2023 was 2.49%, a 9.41% decline from 2022.
Georgia inflation rate for 2022 was 11.90%, a 2.33% increase from 2021.
Georgia inflation rate for 2021 was 9.57%, a 4.36% increase from 2020.
Georgia inflation rate for 2020 was 5.20%, a 0.35% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
