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Giorgi Shavreshiani
Elene Seturidze

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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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June 30, 2016 FPI | Food Prices Reach Lowest Mark. At Least in Tbilisi
30 June 2016

Retail food prices decreased by 7.6% m/m (compared to the last week of May) and 10.1% y/y (compared to June 2015). The biggest drops were observed for tomatoes (-65.5%), cucumbers (-63.3%), and eggplant (-33.7%). Only a few products gained in value. The highest increases were recorded for cabbage (12.8%), tea (7.3%), and rice (7.2%).
June 15, 2016 FPI | Georgian Consumers Outsmarting Supermarket Managers?
21 June 2016

Seasons change, and so do Georgian food prices. In the second week of June, Georgia’s major food retail networks (Carrefour, Goodwill, Fresco, and SPAR) lowered their prices by an average of 3.9% y/y and 1.8% m/m. Compared to the end of May, prices moved the most for the following food items: eggplant (-21%), pasta (-10.3%), and coffee (-5.7%); wheat flour (+11%), buckwheat (+10.5%), and garlic (+6.8%).
May 31, 2016 FPI | Just How Competitive is the Georgian Food Retail Market?
02 June 2016

Georgian retail food prices are up 1.1% y-o-y (May 2016 vs. May 2015) and 1.0% down m-o-m (compared to last month). Compared to mid-May, cheese, apple and carrot experienced the biggest price declines of 8.5%, 8.4 %, and 7.1%, respectively. The prices of cabbage, buckwheat, and peach are up by 8.3%, 8.3%, and 7.1%, respectively.
May 15, 2016 FPI | Food Prices Go Down but What’s Wrong with Cucumbers?
16 May 2016

Driven by fruits and vegetables, Georgian retail food prices are going down. In the first half of May, ISET’s Retail Food Price Index lost 2.9% y/y (compared to May 2015) and 1.8% m/m (compared to April 2016). The leaders in prices declines were cheese, greens, and coffee: down by 10.2%, 5.1%, and 2.7%, respectively.
April 30, 2016 FPI | Food Prices Go Down as Turkish and Iranian Floodgates Open
28 April 2016

According to data from the last two weeks of April, retail food prices are down 4.6% y/y (compared to April 2015) and 0.6% m/m (compared to March 2016). During these two weeks, we have seen the biggest drops in the prices of eggplants (21.4%), buckwheat (9.4%), and tomato (9.0%). Only one (!) product increased in price during this period: greens (up 3.8%).
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