Georgian plans for 6-7% inflation rate in 2011

Read on the website Vestnik Kavkaza

The Georgian government forecasts the average annual inflation rate in
2011-2014 to stay at 6-7%. The government says that consumer prices
will rise by 9%, Business Georgia reports.


In 2009 average credit rate in national currency rose by 1.2%,
compared with 2008, and reached 24.2%.


The rate for foreign currency rose by 0.3% and reached 21.3%.


Average annual rate for deposits in national currency dropped by 0.4%,
and in foreign currency - rose by 0.8%, making 10.8% and 9.7%
correspondingly.