June 12, 2019 / 11:48 AM / 7 days ago

Georgia's central bank leaves refinancing rate at 6.5%

TBILISI, June 12 (Reuters) - Georgia’s central bank said it kept its refinancing rate at 6.5%on Wednesday.

The central bank had cut the rate to 6.75% in January and to 6.50% in March and kept it unchanged in May.

Consumer prices in Georgia rose 0.5% month-on-month in May after climbing 0.2% in April. Annual inflation in May stood at 4.7%, up from 4.1% in the preceding month and 2.5% an year ago. (Reporting by Margarita Antidze)

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