On the 18th of October, ISET Policy Institute together with its partner organizations: Georgian Farmers’ Association (GFA), Civil Development Agency (CiDA), Export Development Association (EDA), and Association Atinati presented a new project: Food and Agriculture SME Support Initiative (FASSI).
In the first half of October, food prices in Tbilisi’s major supermarkets increased by 10.8% compared to October 2017. On a monthly basis (that is, compared to September 2017), ISET’s Retail Food Price Index increased slightly by 1.7%. On a biweekly basis, most of the prices increased, leading to a higher Retail FPI.
By the end of September, ISET’s Retail Food Price Index increased by 10.1% y/y (compared to September 2016). On a monthly basis (compared to August 2017), retail food prices slightly decreased, by 0.5%. The largest bi-weekly price changes were recorded for vegetables.
On an annual basis, the biggest price increases occurred for apples (87%), potatoes (46%), and carrots (42%), whereas cucumbers, peaches, and tomatoes, on the contrary, became cheaper by 25%, 20%, and 14%, respectively.
Between August 29 and September 1, ISET’s Salome Gelashvili attended the XV EAAE Congress “Towards Sustainable Agri-Food Systems: Balancing between Markets and Society” which took place in Parma, Italy.