Geostat has released its preliminary estimates of GDP growth for the third quarter. The estimated Q3 growth is 2.5%, only 0.1 percentage points below the ISET-PI forecasted value. The forecast for GDP growth in the fourth quarter now stands at 3.6%.

Rachvelis, the natives of a beautiful highland region in western Georgia, have a reputation for being slow but thorough in speaking and behavior. Whether slow or not, Rachvelis are certainly not dumb. At least according to their performance in the national General Ability Test (GAT). In 2012, students from Racha-Lechkhumi and Kvemo Svaneti (R-L-KS) were 2nd (!) after Tbilisi on the average GAT performance (Chart 1).

Aiming to contextualize the challenges and opportunities faced by Georgian trout farmers, the ISET Policy Institute, in cooperation with CARE international and the Georgian Farmers Association (GFA) organized a trout sector stakeholders’ forum in Kutaisi on December 4th, 2015.

Aiming to contextualize the challenges and opportunities faced by Georgian trout farmers, the ISET Policy Institute, in cooperation with CARE international and the Georgian Farmers Association (GFA) organized a trout sector stakeholders’ forum in Kutaisi on December 4th, 2015.

The average cost of cooking one standard portion of Imeretian Khachapuri increased to 3.66 GEL in November 2015. This is 1.4% higher m/m (compared to October 2015), and 9.6% higher y/y (compared to the same month of the previous year, November 2014). Given that it mostly consists of food prices that are subject to sharper seasonal fluctuations, the upward trend in Khachapuri Index is somewhat steeper than that of GeoStat’s official Consumer Price Index (CPI).