Azerbaijan, Georgia and Latvia report divergent August price trends

Sep 21, 2026 04:00 (34d ago)

Azerbaijan’s consumer prices rose 0.2% month over month in August 2026, while Georgia’s producer prices increased 5.8% year on year and Latvia’s rose 2.6%.
Georgia’s mining and quarrying inflation reached 20.1%, while Latvia’s manufacturing inflation accelerated to 2.5% and Azerbaijan’s annual consumer-price inflation eased to 5.7%.
Georgia’s producer prices rose 0.9% monthly and Latvia’s increased 0.5%, while Azerbaijan’s food prices advanced 0.3%.

Azerbaijan’s consumer prices rose 0.2% month over month in August 2026, reversing a 0.1% decline in July, while annual inflation eased to 5.7% from 5.8%. Georgia’s producer prices increased 5.8% year on year, up from 5.1% in July, as mining, utilities, and environmental services recorded faster growth. Latvia’s producer-price inflation slowed to 2.6% from a revised 3.3%, its lowest reading since May, although manufacturing inflation accelerated to 2.5%.