ISET

February 2023 | Inflation in Georgia subsides as global oil and food prices decline, but internal price pressures, driven by migration, remain

28 February 2023

According to Geostat's report titled “Tendency of Economic Growth, Indicators of Monthly Economic Statistics”, the real GDP growth in the fourth quarter of 2022 is estimated to be 9.5%, which has contributed to an overall annual real GDP growth of 10.1% in 2022.

January 2023 | The Khachapuri Index increases by 19.7%

06 February 2023

In January 2023, the average cost of cooking one standard portion of Imeretian khachapuri increased annually – ranging between 6.88 GEL (Batumi) and 7.25 GEL (Telavi), with an average cost of 6.93 GEL. This latest average price is 19.7% higher than in January 2022.

January 2023 | We may never see a year like this again: Georgia’s annual growth for 2022 surpasses 10%, amidst regional and global crisis

30 January 2023

Geostat has published its rapid estimate of the real GDP growth for the fourth quarter of 2022, and its estimated growth stands at 9.5%, which is 2.5 percentage points below the ISET-PI’s most recent forecast.

Business Confidence Index: New year, new expectations

23 January 2023

For the first quarter of 2023, business confidence in Georgia increased (by 8.4 index points) and reached 20.1. The highest business confidence is observed in the financial (35.6) sector.

December 2022 | The Khachapuri Index over the decade

26 December 2022

In December 2022, the average cost of cooking one standard Imeretian khachapuri continued its upward trend and reached 6.99 GEL. The latest average price is 0.6% higher month-on-month (compared to November 2022) and 21.7% higher year-on-year (compared to December 2021).