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Agri Review
The goal of the publication is to summarize major developments in the agricultural sector and provide a brief analysis of related economic indicators. The publication presents the main economic figures of Georgia's agricultural sector and consists of four sections: Sector at a glance featuring prod
uction, employment, and FDI in the agricultural sector; Price highlights including domestic and international prices; Trade highlights describing share of agricultural exports and imports in total exports and imports as well as export and import diversification indexes; Policy watch provides a brief review of major changes in the agricultural policy of the country. The publication relies on the data from the following sources: Geostat, Ministry of Finance (MoF), and Food and Agriculture Organization (FAO). The Agri Review allows the reader to track major developments in Georgian agriculture and judge the progress in the sector.
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November 30, 2016 FPI | ISET’s Retail Food Price Index Is Two Years Old
04 December 2016

After a temporary increase at the end of October, driven by seasonal fruits and vegetables, in the last two weeks of November, ISET’s Retail Food Price Index decreased by 0.1% m/m (compared to the last week of October) and 12.1% y/y (compared to November 2015). We recorded the biggest drops for bananas (-12%), tomatoes (-12%), and beef (-7%). On the other hand, prices increased most for cabbage (10%), plums (8%), and cucumber (2%).

November 15, 2016 FPI | Breakfast in Tbilisi Is Still Cheap
15 November 2016

After a couple of declines, food prices in the largest supermarkets in Georgia have increased. In the first two weeks of November, an upward trend was maintained: Retail FPI was 2% higher compared to the same period of October. An increase in FPI was driven by an increase in the price of fruits and vegetables. On an annual basis, we still record a significant overall 9.5% decline (November 2016 VS November 2015).

October 31, 2016 FPI | Food Prices Start to Go Up
03 November 2016

Georgian retail prices increased at the end of October. Driven by seasonal fruits and vegetables, ISET’s Retail Food Price index gained 2.2% m/m (compared to the last week of September). However, compared to October 2015, we still observed a significant 13.5% decline in food prices.

October 15, 2016 FPI | Fall is a Time of Harvest
21 October 2016

In the second week of October, food prices kept going down: ISET’s Retail Food Price index lost 0.8% m/m (compared to the last week of September) and 15% y/y (compared to October 2015). The largest bi-weekly price changes were recorded for seasonal food products such as fresh fruit and vegetables. Prices moved down the most for coriander (-23%), onion (-8%), and cabbage (-6%).

September 15, 2016 FPI | Supermarkets Slash Food Prices to Gain Market Share
14 September 2016

Having experienced a temporary 1% spike in August, food prices are going down again. In the second week of September, ISET’s Retail Food Price Index dropped 0.7% m/m (compared to August 2016) and 2% y/y (compared to September 2015).

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