30
September
2017
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.
15
September
2017
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.
01
September
2017
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.
03
July
2017
Back in 2014, Georgia and the European Union (EU) signed an Association Agreement, which included the Deep and Comprehensive Free Trade Area (DCFTA) between the EU and Georgia. While this agreement creates new opportunities for Georgia’s agricultural exports, high food safety standards in the EU market make it difficult to fully utilize these opportunities. This is particularly true for products of animal origin, which are subject to strict regulations.
30
June
2017
By the end of June, food prices have increased by 8.1% y/y (that is, compared to June 2016) and decreased by 0.6% m/m (that is, compared to May 2017). During the last two weeks of the month, the biggest price increases were for milk (3.2%), cheese (2.4%) and garlic (1.9%). Eggplant, tomatoes and peaches, on the contrary, became cheaper by 26.2%, 24.1% and 17.3%, respectively.