The cost of cooking one standard portion of khachapuri stood at 3.46GEL in September 2015. Compared to the previous month (August 2015) the Index lost 0.9%; in yearly terms (compared to September 2014), it actually gained 3.2%.

The objective of the project is to analyze options for a private, Georgia-based company to expand its operations. ISET-PI was commissioned by MGeorgia, holding company of JSC ”Chateau Mukhrani” and “Georgian Wines and Spirits Company” Ltd (GWS).

The Georgian lari’s depreciation against the dollar has been a pressing issue for everyone: economists and policymakers, students, housewives, and even the good-for-nothing “birzhavik’s”.

The International School of Economics at Tbilisi State University has signed a contract with the Asian Development Bank to contribute to a study on: “Good Jobs for Inclusive Growth in Central and West Asia”. Since obtaining independence in the early 1990s, Central and West Asian countries have made noticeable progress. However, recent economic disruptions, mainly caused by the structural decline in energy prices and the protracted devaluation of currencies in the region, are affecting jobs, remittances, and people’s general well-being.

As suggested by ISET’s most recent Consumer Confidence report, Georgian consumers are in no mood for shopping. And, yet, Tbilisi is abuzz with excitement about the recent lavish opening of East Point – a giant new shopping and entertainment center, the largest of its kind in the country. Thus, while consumer confidence is hitting new lows, the supply of retail space and world-class shopping malls continues to hit its highs.