In October 2022, the cost of cooking one standard Imeretian khachapuri increased both annually and monthly, ranging between 6.18 GEL (Batumi) and 7.49 GEL (Telavi), with an average cost of 6.57 GEL. The latest average price is 2.6% higher month-on-month (compared to September 2022) and 28.6% higher year-on-year (compared to October 2021).
During a meeting held at Rooms Hotel Tbilisi on 2 November, Mariam Katsadze and Giorgi Papava from a research team at ISET Policy Institute presented the results from the latest assessment of the economic dimensions within local creative industries.
On 28 October, Giorgi Papava, lead economist at ISET’s Policy Institute, took part in an event organized by the Institute for the Development of Freedom of Information (IDFI), the main topic of which was the 2023 budget project.
In the first and the second quarters of 2022, Georgian power plants generated 3,107 mln. and 3,663 mln. kWh of electricity, respectively. This represents a 27.9% and 35.3% increase in total generation compared to the corresponding periods of the previous year (in 2021, the total generation in Q1 was 2,429 mln. kWh and 2,708 mln. kWh in Q2).
CCI stumbled in September. After observing a positive trend in the CCI since May, a minor fall can be seen in September – from -23.9 in August to -24.1 in September (0.2 index points). The CCI’s two sub-indices moved in different directions...