23
April
2023
Consumer Confidence Index (CCI) dynamics restored. The CCI rose from -34 in February to -28.8 in March, indicating an increase of 5.2 index points.
03
April
2023
In March 2023, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.54 GEL. The latest average price is 10.9% higher than in March 2022. Whereas in month-to-month developments, the price of a khachapuri decreased by 5.7% compared to the previous month, February 2023.
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.
30
March
2023
Decline in the CCI. Consumer confidence decreased by 5.9 index points – from -28.1 in January to -34 in February.
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%.
