In March 2019, the average cost of cooking one standard Imeretian khachapuri declined slightly to 3.51 GEL, which is 0.8% lower MoM (compared to February 2019), and 1.1% lower YoY (compared to March 2018).
In February 2019, Georgian power plants generated 939 million kWh of electricity, which compared to the previous year represents a 0.5% increase in total generation. On the demand side, consumption amounted to 1,037 mln. kWh, a 2% decrease on an annual basis. Although the negative gap between generation and consumption decreased by 22% (from -126 to -98 mln. kWh), compared to the corresponding month of the previous year, it remained substantial.
In March 2019, Georgian power plants generated 974 mln. kWh of electricity. This represents a 2.2% decrease in total generation, compared to the previous year (in 2018, total generation in March was 997 mln. kWh.) The decrease in generation on a yearly basis comes from the decrease in hydro power generation (-30%), more than offsetting the increase in thermal and wind power generation (+98% and +42%).
According to GeoStat’s preliminary data for 2018, Georgia’s economy grew by 4.7%- the same rate as in 2017. As 2017 was a challenging year for Georgian agriculture, the sector experienced -3.8% negative growth. Unlike 2017, agriculture in 2018 had a positive and rather modest growth rate of 0.7%.
On Wednesday, March 27, ISET hosted Dr. Anto Aasa, a Research Fellow in Human Geography from the University of Tartu, who delivered a seminar to ISET’s BA and MA students entitled ‘Use of mobile positioning data in mobility studies’.