In the first half of October, food prices in Tbilisi’s major supermarkets increased by 10.8% compared to October 2017. On a monthly basis (that is, compared to September 2017), ISET’s Retail Food Price Index increased slightly by 1.7%. On a biweekly basis, most of the prices increased, leading to a higher Retail FPI.
Between October 4th and 5th, ISET’s Irakli Kochlamazashvili attended the Fifth Panel of the Eastern Partnership on Agriculture and Rural Development, which took place in Yerevan, Armenia.
On October 3, 2017, ISET Policy Institute Executive Director Lasha Labadze made a presentation at the conference "Modern Educational Programs to Support Agribusiness Development,” organized by East European University within the International Scientific Festival, planned by the Ministry of Education and Science of Georgia.
By the end of September, ISET’s Retail Food Price Index increased by 10.1% y/y (compared to September 2016). On a monthly basis (compared to August 2017), retail food prices slightly decreased, by 0.5%. The largest bi-weekly price changes were recorded for vegetables.
On an annual basis, the biggest price increases occurred for apples (87%), potatoes (46%), and carrots (42%), whereas cucumbers, peaches, and tomatoes, on the contrary, became cheaper by 25%, 20%, and 14%, respectively.