30
June
2015
ISET-PI and GET have predicted the potential for Georgia to specialize in the production of energy-intensive goods such as: Aluminum (unwrought, bars and rods, foil), Zinc (Unwrought) and Fertilizer mixtures.
11
June
2015
The lari depreciation caused a substantial decrease in USD prices of real estate. Average rental prices of residential property reached their historical minimum in March 2015. Property sellers are trying to compensate for the price decline by offering better, more expensive housing for sale.
08
June
2015
In June of 2015, the average cost of cooking one standard Imeretian Khachapuri fell to 2.85GEL, which is 1% lower month-on-month (compared to May 2015), and 0.8% higher year-on-year (compared to June 2014).
01
June
2015
June is the time of the year when the Khachapuri Index reaches the lowest point in its annual cycle. The supply of fresh milk a key input in the production of Imeretian cheese reaches its seasonal peak a few months earlier, in March and April. The prices of cheese, while declining in a continuous fashion from January onward, bottom out with a lag of two-three months, by June or July.
25
May
2015
The average cost of cooking one standard Imeretian Khachapuri in May 2015 stood at 2.88 GEL, which is 2.7% lower month-on-month (i.e. compared to April 2015). The Khachapuri Index is actually up by 1% year-on-year (compared to May 2014), suggesting a slight uptick in annual inflation, at least as far khachapuri ingredients are concerned.