20
February
2017
We started forecasting the annual growth rate at the start of 2014 (see our January 2014 and February 2014 publications for a note on methodology). Based on this month’s data, we expect annual growth in 2017 to be 2.5% in the worst-case or “no growth” scenario, and 3.4% in the best-case or “average long-term growth” scenario.
20
February
2017
In January 2017, the Khachapuri Index continued its upward seasonal trend, and the new average price of cooking one standard Imeretian khachapuri reached 3.67 GEL. The average price is 1.9% higher than the price was in January 2016. As for month-to-month developments, the price of khachapuri is 1.3% higher compared to the previous month (December 2016).
19
February
2017
Food prices continue to follow the latest trends. Retail FPI shows a 2.6% increase m/m (that is, compared to January 2017) and a 4.9% decline y/y (that is, compared to February 2016). During the last two weeks, matsoni, tea, and carrots lost value (by 10.4%, 6.2%, and 6.2% respectively), whereas the prices of cabbage, greens, and eggplant increased (by 25.0%, 16.1%, and 14.9% respectively).
18
February
2017
Marriage is a phenomenon strongly intertwined within our culture and everyday life. It is almost a “must do” thing in Georgian traditional society, and it has to be approved either by religious authority or by the state, or both. A recent study about Georgian youth entitled “Generation in Transition, Youth Study Georgia – 2016” by Friedrich-Ebert Stiftung, shows the 14-29 age cohort’s perceptions, awareness, and approaches towards marriage.
15
February
2017
South Caucasus Trade Study to identify a number of areas focusing on three thematic components: (i) Trade, export, investment, and private sector development measures, (ii) Border management, (iii) New developments in regional integration.