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05.11.202508:26:29UTC+00National Bank of Georgia Keeps Key Rate at 8%

During its November 2025 meeting, the National Bank of Georgia decided to keep the policy rate unchanged at 8%, maintaining a prudent approach in light of ongoing inflation concerns. Annual inflation rose to 5.2% in October—the highest level since March 2023—indicating a further divergence from the central bank's 3% target. Core inflation metrics have also remained near the bank's target level. The central bank anticipates that headline inflation will average about 4% in 2025, before decreasing to 3.5% in 2026. Concurrently, economic activity is gradually returning to its long-term potential, which is contributing to a reduction in demand-driven price pressures. GDP growth stood at 7.7% for the January to September 2025 timeframe.

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