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November 2021 | CCI: a slight rebound in confidence
20 December 2021

The CCI is getting back on track. The highly anticipated decline observed last month has been reversed. The Consumer Confidence Index has increased from -32.5 in October to -31 in November (by 1.5 index points).

December 2021 GDP Forecast | Poised to see a nearly 10% GDP growth in 2021, Georgia still struggles with inflation, stagnant consumer confidence and slow tourism recovery
16 December 2021

Recently, Geostat released its preliminary estimate of real GDP growth for the first and second quarters of 2021. The Q1 and Q2 growth rates were revised upward to -4.1% (by 0.4 ppt) and downward to 28.9% (by 1 ppt) respectively. The real GDP growth rate amounted to 6.9% year-on-year for October 2021. Consequently, the estimated real GDP growth for the first ten months of 2021 was 10.5%.

November 2021 | Annual inflation reaches 19% in the khachapuri index
03 December 2021

In November 2021, the Khachapuri Index continued its upward trend and reached 5.37 GEL. This figure is 7.2% higher than the previous month (October 2021) and 19% higher than November 2020 (YoY). Every ingredient contributed to the YoY Khachapuri Index inflation: eggs (38.6%), flour (30.2%), butter (22.6%), yeast (18.7%), cheese (14%), and milk (10.3%).

Gender equality index of the south caucasus
01 December 2021

The SCGEI (South Caucasus Gender Equality Index) provides policy-makers, independent researchers and the general public with a unique evidence-based tool to inform policy actions, an objective way of measuring gender inequality, and an inclusive platform to initiate dialogue and further analysis of the underlying issues and potential solutions.

October 2021 | CCI: Positive sentiments reversed
21 November 2021

The CCI is falling again. After the increase of consumer confidence in September, it dropped to a level similar to June, before the trend had reversed over the remaining summer months. The CCI decreased from -29.5 in September to -32.5 in October, with both the Present Situation Index and the Expectations Index moving downwards.

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