29
December
2019
A nationally representative sample of around 350 Georgians, interviewed in early October, November and December 2019, reveals that the Consumer Confidence Index (CCI) deteriorated in the two consecutive months, October and November, by 0.4 (from -19.3 in September to -19.7 in October) and 2.1 index points (from -19.7 in October to -21.8 in November) respectively.
27
December
2019
Today, around 126 million women are believed to be “missing” around the world due to son preference and gender-biased sex selection (GBSS). Since the 1990s, some areas in the world have seen up to 25% more male birth than female birth (UNFPA Georgia). For example, the sex ratio at birth (SRB) increased from 107 in 1982 to 120 in 2005 in China [while the natural level is 102-106 males per 100 females] (Li, 2007).
27
December
2019
In November 2019, Georgian power plants generated 913 mln. kWh of electricity. This represents a 1% increase in total generation, compared to the previous year (in November 2018, the total generation was 900 mln. kWh). The increase in generation on a yearly basis comes from the increase of 22% in thermal and 16% in wind power generation, more than offsetting the decrease in hydropower generation (-11%).
27
December
2019
Just like every Georgian family, ISET Policy Institute is preparing for the New Year, and we keep to our traditions and have cooked up a New Year Supra Index for our readers. The Index shows the cost of a standard festive supra meal for a family of five to six people in every Georgian region. The traditional dishes included in our calculations are: mtsvadi, satsivi (chicken in walnut sauce), khachapuri, trout, tabaka (fried) chicken, olivie salad, pkhali, cucumber&tomato salad, and for the desert, fruit and gozinaki (caramelized walnuts fried in honey).
23
December
2019
The real GDP growth rate reached 5.7% y/y in October 2019. As a result, the estimated real GDP growth for the first ten months of 2019 was 5.1%. ISET-PI’s real GDP growth forecast for the fourth quarter of 2019 remains at 4.4%.
