29
January
2024
In January 2024, the average monthly cost of preparing one standard portion of Imeretian khachapuri increased, ranging between 6.40 GEL (Batumi) and 7.11 GEL (Tbilisi), with an overall average cost of 6.62 GEL. This recent average indicates a 2% increase compared to the preceding month of December 2023. While examining year-to-year trends, the current price of khachapuri is 4.6% lower than in January 2023.
29
January
2024
Geostat has released its rapid estimate of real GDP growth for November 2023. The estimated growth stands at 5.9%, while the average real GDP growth for January-November 2023 reached 6.9%.
26
January
2024
In a compelling retrospective, the ISET Policy Institute held a policy roundtable showcasing their recent research on 'What Georgia Could Gain from Free Trade Agreements with the USA, South Korea, and India.' The event took place on January 26, at the Radisson Blu Iveria Hotel.
26
January
2024
The policy brief presents a Computable General Equilibrium (CGE) model designed for Georgia by the ISET Policy Institute to evaluate the impact of potential new Free Trade Agreements (FTAs) with the USA, India, and South Korea.
22
January
2024
In 2023, Georgian power plants generated 14,396 mln. kWh of electricity, record high generation for a single year. This represents a 1% increase in total generation, compared to the previous year (in 2022, total generation was 14,247 mln. kWh). The increase in generation on a yearly basis comes from the increase in hydropower generation (1%) and thermal power (2%), while wind power generation decreased (-2%).
