28
June
2024
In June 2024, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6 GEL. After three months of a declining trend, the index increased by 2.9% compared to May 2024. On an annual basis, the average price is 6.8% higher than in June 2023.
24
June
2024
Geostat has published its preliminary estimate of real GDP growth for April 2024, which stands at 11.8%. In addition, the estimated growth for the first quarter of 2024 reached 7.8%.
24
June
2024
In May 2024, Georgian power plants generated 1,411 mln. kWh of electricity. This represents a 6% increase in the total generation compared to the previous year (in May 2023, the total generation was 1,325 mln. kWh). The rise in generation on a yearly basis comes from an increase in generation of hydropower plant by 7%, while the generation of thermal and wind plants decreased by 100% and 14%, respectively.
31
May
2024
Polarization intensified further with the approval of the so-called Russian Law and the ongoing demonstrations. The index's peak coincides with large demonstrations in Europe Square and the overriding of the president's veto on the Russian law.
28
May
2024
The average cost of cooking one standard portion of Imeretian khachapuri was 5.83 GEL in May 2024. Continuing the month-on-month downward trend, the price of khachapuri fell by 6.5% compared to April 2024.
