11
December
2014
Based on the October data, the growth forecast for the last quarter of 2014 was revised upward from 1.1% to 3.6%. We have started to forecast the first quarter of 2015, with the initial forecast standing at 3.2%. Meanwhile, Geostat’s “rapid estimate” growth forecast for the month of October is 3.5%.
09
December
2014
Investments in real estate compensates for risk premiums (compared to money deposits) and more than covers its costs (Mortgage interest rate). Average rental price for residential property continues to fall and reaches its historical minimum since March 2013.
09
December
2014
On December 5, ISET hosted Azim Sadikov, IMF Resident Representative in Georgia. Mr. Sadikov presented the 2014 October Regional Economic Outlook.
08
December
2014
In the past two weeks, Georgians have been waking up with a sense of déjà vu. In a matter of days, the Georgian currency lost over 8% of its value against the US dollar and reversed the course of appreciation against the euro. The lari winter blues are reminiscent of the last months of 2013, when, after a long period of stability, the lari lost about 5% of its value against the dollar in the course of ten weeks.
05
December
2014
On December 4 and 5, Head of the Agricultural Policy Research Center at the ISET Policy Institute Pati Mamardashvili and Senior Research Associate Salome Gelashvili participated in the National Conference for Agricultural Information and Consultancy Centers of the Ministry of Agriculture sponsored by USAID/SEAS Project.
