02
December
2024
Polarization reached its historical maximum on November 28, 2024, following Georgian Dream’s suspension of EU accession talks, which sparked widespread protests across Tbilisi and other cities, accompanied by government-led violence against protesters. This unprecedented peak in the division came after weeks of escalating tensions, including pre-election demonstrations and the controversial nomination of Mikheil Kavelashvili, a former footballer and co-founder of the Eurosceptic People's Power party, as Georgian Dream's presidential candidate.
28
November
2024
In November 2024, the average cost of preparing a standard portion of Imeretian Khachapuri increased to 6.77 GEL, marking a 2% rise from October 2024 and a 4.8% increase compared to November 2023. This seasonal rise in the Khachapuri Index is primarily driven by higher milk and dairy product prices, resulting from a seasonal decline in fresh milk availability and increased reliance on imported milk powder.
20
November
2024
GeoStat has published its preliminary estimate of real GDP growth for September 2024, which stands at 8.3%. In addition, the estimated growth for the first, second, and third quarters of 2024 reached 8.4%, 9.6%, and 11.1%, respectively. Consequently, the average real GDP growth from January to September 2024 reached 9.8%.
10
November
2024
A notable fall in CCI. The decreasing trend has continued after the summer, with the CCI dropping even further in October – from -19.5 in September to -24.9 in October (a 5.4 index point decrease). Both sub-indices contributed to this decline, where the Present Situation Index fell by 6.7 index points and the Expectations Index by 4.2 points.
31
October
2024
Historically, pre-election periods have shown heightened polarization, with the index often peaking on election day as tensions rise and public discourse intensifies. However, this election cycle defied expectations, as both the pre-election period and election day were notably calm. While the polarization index remained stable overall, it continues to respond to specific events and shows fluctuations throughout the month.
