06
June
2018
In April 2018, the Georgian Consumer Confidence Index (CCI) lost 1.5 index points, dropping from -17.5 to -19. This tiny change is a signal of stability (or stagnation) as far as domestic demand is concerned. Whether no change is a good change for Georgia is debatable. In any case, the month of April merely continues a long-term no-change trend dating back at least to September 2017.
31
May
2018
In May 2018, Georgian power plants generated 1,161 mln. KWh of electricity. This represents a 6% increase in total generation, compared to the previous year (in 2017, total generation in May was 1,093 mln. kWh). The increase in generation on a yearly basis mainly comes from an increase in hydropower generation.
28
May
2018
The average cost of cooking one standard Imeretian khachapuri in April 2018 across Georgian cities varied, from 2.90 GEL (the lowest price, observed in Kutaisi), to 3.60 GEL (the highest price, observed in Tbilisi). The price difference between Kutaisi and Tbilisi amounted 0.70 GEL, which is one of the highest differentials we have ever observed between these cities.
28
May
2018
According to the data for the first quarter of 2018, the number of livestock has increased in Georgia. The biggest increase was observed for the number of sheep and goats, which increased by 35.9%. Such a sharp rise might be explained by the increased demand from East Asian countries.
27
May
2018
On May 25-27, the FREE Network Retreat was held in Minsk, Belarus. The Forum for Research on Eastern Europe and Emerging Economies (FREE) is a joint initiative of SITE (Stockholm), BEROC (Minsk), BICEPS (Riga), CEFIR (Moscow), KSE (Kyiv), and ISET (Tbilisi). All members meet annually and share their experiences.
