The possibility of lowering electricity and gas tariffs has become one of the top discussion topics across the country in the last few weeks.

Starting from October 15, Georgian consumers have to pay about 5-10 tetri more for one loaf of bread. Many large producers increased their prices.

As reported in our Khachapuri Index Column, the prices of key khachapuri ingredients have started rising in July, given their strong correlation with the annual cycle of agricultural production in Georgia.

I have just heard that the French retail giant Carrefour is entering Georgia. This is good news. Carrefour is the master of combining low prices with high (or at least decent) quality.

ISET-PI played a relatively minor role in this project, supporting a consortium consisting of Ecorys (Netherlands) and CASE (Poland). The study was commissioned by the European Commission (DG Trade). The Georgian component of the study identified considerable compliance costs related to the EU-required phyto and veterinary controls, reflected in higher prices for meat and meat products, and an increase in EU meat exports to Georgia. These findings were reported to the Georgian Prime Minister’s office and to the consortium members.