The average cost of cooking one standard Imeretian khachapuri in October 2017 was 3.64 GEL, which is 0.2% higher month-on-month (compared to the previous month), and 7.2% higher year-on-year (compared to the same month of the previous year).

In the last two weeks of November, ISET’s Retail Food Price Index showed a significant, 10.8% y/y increase (compared to November 2016). On a monthly basis (compared to October 2017), food prices in Tbilisi’s major supermarkets increased slightly by 0.9%. We recorded the biggest bi-weekly price increases for eggplant (41.2%), cucumbers (20.5%), and onions (16.3%).

On November 22, ISET started a policy seminar series provided by the second-year students of ISET’s MA program. The first presentation was delivered by Tamari Tetvadze & Gunash Kamzaevi, under the supervision of Eric Livny, president of ISET and ISET-PI, and Giorgi Mzhavanadze, Senior Researcher at the Macroeconomic Policy Research Center(MPRC) of ISET-PI.

On November 22, the President of ISET and ISET-PI, Mr. Eric Livny gave an insightful presentation to the very first cohort of ISET BA Program students, regarding the importance and perks of coordination.

On November 21, around 30 ISET students visited the State Audit Office for educational purposes. Two state auditors (one of whom was a graduate of ISET) gave a series of lectures to the visitors, which was initially intended to be conducted in English, but eventually done in Georgian due to the absence of international students.