ISET

March 2023 | Agri Review

31 March 2023

The budget for the Ministry of Environment Protection and Agriculture (MEPA) amounted to 698.5 million GEL (an increase of 10.0 million GEL) in 2023.

February 2023 | CCI: Consumer confidence declines

30 March 2023

Decline in the CCI. Consumer confidence decreased by 5.9 index points – from -28.1 in January to -34 in February.

March 2023 | Money transfers from Russia grew by more than thousand percent over the year, driving significant appreciation of the Lari

27 March 2023

As a result of the update, the growth forecast for Q1 of 2023 was reduced by 0.1 percentage points to 2.6%. ISET PI’s second forecast for Q2 of 2023 puts GDP growth at a positive 1.6%.

February 2023 | The Khachapuri Index increases by 18.4%

06 March 2023

In February 2023, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.94 GEL. This latest average price is 18.4% higher than in February 2022. While in month-to-month developments, the price of a khachapuri increased marginally by 0.1% compared to the previous month of January 2023.

February 2023 | Inflation in Georgia subsides as global oil and food prices decline, but internal price pressures, driven by migration, remain

28 February 2023

According to Geostat's report titled “Tendency of Economic Growth, Indicators of Monthly Economic Statistics”, the real GDP growth in the fourth quarter of 2022 is estimated to be 9.5%, which has contributed to an overall annual real GDP growth of 10.1% in 2022.