03
July
2023
The global economy remains in a volatile state amid the prolonged effects of the combined negative shocks of the pandemic, Russia’s invasion of Ukraine, high inflation, and the tightening monetary policy. Although the global economy remained resilient at the beginning of the year, the situation is expected to worsen.
30
June
2023
In June 2023, the average cost of cooking one standard portion of Imeretian khachapuri stood at 5.62 GEL. It is now the fourth consecutive month that the Index has maintained a declining trend, where the price of khachapuri fell by 2.4% (compared to May 2023).
05
June
2023
The average cost of cooking one standard portion of Imeretian khachapuri stood at 5.76 GEL in May 2023. The declining month-on-month trend has continued as the price of khachapuri fell by 4.1% (compared to April 2023). However, in comparison to May 2022, a year-on-year increase of 1.9% is still visible.
01
May
2023
Geostat has released its rapid estimate of real GDP growth for February 2023. The estimated growth stands at 5.8%, while the average real GDP growth for January-February 2023 reached 7.1%.
01
May
2023
In April 2023, the average cost of cooking one standard portion of Imeretian khachapuri stood at 5.99 GEL. This latest average price is 1.4% higher than in April 2022. Whereas in month-to-month developments, the price of a single khachapuri experienced a significant decline of 8.0% compared to the previous month, March 2023.
