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October 2018 | Agri Review
29 October 2018

Back in 2015 Georgian sheep market got into the spotlight due to the increased demand for sheep from Arabic countries. Prior to 2015, Azerbaijan was the most important export destination for live sheep, while in 2015, in addition to Azerbaijan, Georgian sheep was exported to United Arab Emirates, Jordan, Lebanon and Saudi Arabia.

October 22, 2018 | Khachapuri index in foreign currency
22 October 2018

The average cost of cooking one standard Imeretian khachapuri in September 2018 was 3.56 GEL, which was 3.7% higher month-on-month (m/m, as compared to the previous month), and 2.1% lower year-on-year (y/y, as compared to the same month last year). However, khachapuri became cheaper for those earning in foreign currency as a result of the y/y depreciation of the lari relative to both the USD and EUR in September 2018.

September 2018 | CCI: Georgian consumer confidence is slightly down. Wonder why?
18 October 2018

In September 2018, the Georgian Consumer Confidence Index decreased marginally by 1 index point compared to August 2018 (from -14.2 to -15.2). Negative dynamics can be observed for the second consecutive month; however, in September, a negative change was observed, caused by a drop in the Expectations Index of 4.4 index points (from -8.7 to -13.1), while in the previous month the decrease was caused by a deterioration in the Present Situation Index, which now seems to have recovered slightly by 2.5 index points, again compared to August, from -19.8 to -17.3.

October 8, 2018 | Telavi – the most expensive city in september
08 October 2018

In September 2018, the Khachapuri Index showed an upward seasonal trend, reaching 3.56 GEL. This is a 3.7% increase over the previous month (August 2018) but is 2.1% lower compared to September 2017 (y/y). Such an increase in prices at this time of year is not unique to the Khachapuri Index.

September 2018 | Electricity Market Review
03 October 2018

In September 2018, Georgian power plants generated 849 mln. KWh of electricity. This represents a 3% increase in total generation, compared to the previous year (in 2017, total generation in September was 820 mln. kWh). The increase in generation on a yearly basis comes from an increase in wind power (+18%) and thermal power generation (+50%), more than offsetting the decline in HPP generation (-4%).

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