11
April
2014
The growth forecast for the 1st quarter of 2014 has been revised upward from 5.3% to 7.3%. The growth forecast for the 2nd quarter of 2014 has been targeted at 7.0%. Meanwhile, Geostat has released an official quarterly growth GDP rate for the last quarter of 2013 and it is quite impressive 7.1%.
11
March
2014
The growth forecast for the 1st quarter of 2014 has been revised downward from 5.6% to 5.3%. The growth forecast for the 2nd quarter of 2014 has been targeted at 5.9%. Meanwhile, Geostat has updated the GDP annual growth estimate of 2013 from 3.1% to 3.2%.
11
February
2014
The growth forecast for the 4th quarter of 2013 is unchanged at 4.9%, suggesting annual growth of 2.6%, while Geostat’s flash estimates are 6.9% for 2013Q4 and 3.1% for the whole year.
11
January
2014
The growth forecast for the 4th quarter of 2013 has been revised downward from 5.2%to 4.9%. The forecast for the first quarter of 2014 has also been reduced from 6.5% to 5.7%. Given the Geostat data for the first three quarters and the ISET-PI forecast for the 4th quarter, the annual growth rate for 2013 is projected to be 2.6%.
16
December
2013
While ISET’s Khachapuri Index continues to climb up in a perfectly predictable fashion – driven by the seasonal increase in the price of cheese – a bit of drama is being provided by the ups and downs in the price of eggs. According to ISET data, egg prices, which for a couple of years hovered around 29 tetri a piece, suddenly collapsed in June and July 2013 to a minimum of about 26 tetri.
