19
March
2018
In February 2018, the Khachapuri Index continued its downward trend and dropped to 3.67 GEL. This is 1.2% lower compared to the previous month (January 2018) and 0.3% higher compared to February 2017 (y/y). The main contributors to y/y Khachapuri Index inflation were butter (4.1%), milk (1.7%), and cheese (0.7%), while the price of eggs and wheat dropped (-3.3% and -2.5%, respectively).
19
February
2018
In January 2018, the average price of cooking one Imeretian khachapuri stood at 3.71 GEL. Compared to the previous year (January 2017), the Khachapuri Index gained 1.3 %. While going up in yearly terms, the Index actually dropped 2.9% compared to the previous month (December 2017).
12
February
2018
On February 12, the Private Sector Development Research Center (PSDRC) at ISET-PI organized a certificate award ceremony for Competition Agency staff who attended an advanced STATA training course provided by the center.
01
February
2018
The agricultural cooperative movement started a few years ago in Georgia and the registered farmer groups are currently still at the embryonic stage of development. The Soviet legacy and rather negative attitude towards earlier forms of cooperation (Kolkoz and Sovkhoz) has gradually faded among farmers, and today more than 1,400 cooperatives are registered with the Agricultural Cooperative Development Agency under the Ministry of Agriculture of Georgia.
20
December
2017
Geostat updated its preliminary estimate of real GDP growth for the first and second quarters of 2017. The Q1 and Q2 GDP growth estimates were revised upward by 5.3% and 4.9%, respectively (0.2% higher than initial estimates). The third quarter estimates remained unchanged so far.
