Georgia's central bank keeps refinancing rate at 4 pct

TBILISI, June 18 Wed Jun 18, 2014 6:53am EDT

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TBILISI, June 18 (Reuters) - Georgia's central bank kept its refinancing rate unchanged at 4 percent on Wednesday, as data showed annual inflation below the government's target.

Year-on-year consumer price inflation in May was 2.4 percent, with month-on-month deflation of 0.4 percent. The government targets inflation of 4 percent in 2014. (Reporting by Margarita Antidze, writing by Jason Bush, editing by Elizabeth Piper)