07
July
2021
For the third quarter of 2021, business confidence in Georgia improved significantly (by 34.7 index points) and reached 36.4. The increase in business confidence is observed in all sectors and is driven by optimistic future expectations and improved past performance in light of economic recovery and relaxed pandemic restrictions.
04
July
2021
A minor increase in consumer confidence in June 2021. The trend of increasing CCI continued from March 2021, this time with a slight 0.9 percentage point increase (from -33.2 in May to -32.1 in June) after a significant jump of 5 points from the previous month.
30
June
2021
In May 2021, Georgian power plants generated 1221 mln. kWh of electricity. This represents a 24% increase in total generation, compared to the previous year (in May 2020, the total generation was 986 mln. kWh). The increase in generation on a yearly basis comes from the increase of 26% in hydropower generation, as well as, from increase in the generation of wind power by 10%.
30
June
2021
On 15 June 2021, the National Statistics Office of Georgia published its annual publication for the agricultural sector - Agriculture of Georgia 2020. According to the publication, agriculture, forestry, and fishing comprised 8.4% of GDP in 2020, higher than the 7.2% share in 2019, but in line with the general trend over the last five years (agricultural GDP comprising on average 7-8% of GDP).
30
June
2021
In June 2021, the average price of cooking one Imeretian khachapuri stood at 4.28 GEL. Compared to the previous month (May 2021) the Khachapuri Index lost 1.1%. In annual terms (compared to June 2020), however, the index added 8.8%.
