格鲁吉亚国家银行在2025年7月连续第十次会议将基准利率保持在8%不变。通胀率超过了央行3%的目标,6月份整体通胀率加速至4%,为2023年3月以来的最高水平,主要原因是食品价格上涨,而核心通胀率在近两年内一直低于目标。该行上一季度的预测显示,2025年的平均通胀率为3.8%,暂时超过了目标。此外,经济增长依然强劲,前五个月增长8.8%,促使2025年增长预测从6.7%上调至7.4%。在全球不确定性和国内需求压力加剧的背景下,货币政策委员会选择了谨慎的立场,在监测不断变化的风险和即将公布的数据的同时保持利率不变。
The National Bank of Georgia kept its benchmark interest rate unchanged at 8% for the tenth consecutive meeting in July 2025. Inflation exceeded the central bank’s 3% target, with headline inflation accelerating to 4% in June—the highest since March 2023—driven primarily by rising food prices, while core inflation remained subdued below target for nearly two years. The bank’s forecast from the previous quarter projected inflation to average 3.8% in 2025, temporarily exceeding the target. In addition, economic growth remains robust, with an 8.8% expansion in the first five months, prompting an upward revision of the 2025 growth forecast from 6.7% to 7.4%. Against a backdrop of heightened global uncertainties and domestic demand pressures, the Monetary Policy Committee opted for a cautious stance, leaving rates unchanged while monitoring evolving risks and incoming data.