A working meeting of the Georgian Agriculture Alliance for Rural Development (GAARD) was held on January 31 2017 by Oxfam and BRIDGE - Innovation and Development, a local NGO.
By the end of January, food prices in Tbilisi’s major supermarkets had increased by 7.2% compared to December 2016. Although prices increased m/m, there was a slight decrease in prices y/y. Food prices declined by 5.5% compared to January 2016.
On 25 January 2017, researchers from the APRC attended a stakeholder meeting of the European Neighborhood Programme for Agriculture and Rural Development (ENPARD). The meeting was organized by EVOLUXER, which is an implementing partner for capacity building to the Agricultural Cooperatives Development Agency (ACDA).
In the first half of January, Georgian retail food prices went up. Compared to mid-December, ISET’s Retail Food Price index experienced a significant 10.1% increase. Prices increased across key food commodities as a result of the holiday-related slump in demand. The Georgian lari depreciation applied additional upward pressure on the GEL prices of imported food products.
Between 1990 and 1994, the Georgian economy experienced one of the sharpest declines in economic activity in recent history, with GDP per capita falling by more than 70 percent. Since then, however, especially after 2003, it has been growing quite fast, with the Georgian GDP per capita overtaking the 1990 level in 2013. However, the Georgian agricultural sector, in the same period, has been characterized by a quite different trend.