24
May
2024
Geostat has published its preliminary estimate of real GDP growth for March 2024, which stands at 8.2%. In addition, the estimated growth for the first quarter of 2024 reached 7.8%.
24
May
2024
In April 2024, Georgian power plants generated 1,085 mln. kWh of electricity. This represents a 13% decrease in the total generation compared to the previous year (in April 2023, the total generation was 1,249 mln. kWh). The fall in generation on a yearly basis comes from a decrease in generation of hydro, thermal and wind power plants by 12%, 25% and 10%, respectively.
01
May
2024
Decline in the CCI. After the Consumer Confidence Index rose in March, the trend once again reversed in April – with the CCI declining by 4 index points, from -13.8 in March to -17.8 in April. Both the Present Situation and the Expectations Index each decreased, however, the decline was more prominent for people’s expectations; the Present Situation Index decreased by 1.6 points, while the Expectations Index fell by 6.4 points.
30
April
2024
The Index shows that media polarization increased in April 2024 which could be driven by reintroducing the so-called "Russian Law".
30
April
2024
In April 2024, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.24 GEL, marking a 4.0% increase from April 2023. However, on a month-to-month basis, the price of a single khachapuri decreased by -2.4% compared to March 2024.
