Decline in the CCI. Consumer confidence decreased by 5.9 index points – from -28.1 in January to -34 in February.
On March 29, the ISET Policy Institute hosted a policy presentation on the economic impact of
On 28 March, Director of the Pension Agency, Giorgi Danelia, and their Chief Investment Officer, Giorgi Melikidze, visited ISET and held a seminar for students and ISET Policy Institute representatives entitled: "Save for yourself, save for the future! - Money Week".
In February 2023, Georgian power plants generated 987 mln. kWh of electricity. This represents an 11% increase in the total generation compared to the previous year (in February 2022, the total generation was 890 mln. kWh).
As a result of the update, the growth forecast for Q1 of 2023 was reduced by 0.1 percentage points to 2.6%. ISET PI’s second forecast for Q2 of 2023 puts GDP growth at a positive 1.6%.