30
March
2018
GEO real property market grew by 10.6% in 2017 in comparison with 2016. Annual increase was observed in all quarters, with the highest jump in Q2, 14.2% (QoQ) and 20.0% (YoY).
27
March
2018
Geostat has revised its rapid estimate of real GDP growth for the fourth quarter of 2017. Estimated growth now stands at 5.4%, which is 0.7 percentage points above the previously estimated average growth rate for Q4. As a result, the real GDP growth for 2017 reached 5.0%.
23
March
2018
The Environmental Performance Indicator (EPI), a list produced by Yale University and Columbia University, has revealed the scoring of 180 countries and their performance regarding Ecosystem Vitality (the protection of natural resource services) and Environmental Health (i.e. progress in air pollution or protection of drinking waters that can endanger human health if not considered).
20
March
2018
During the last decade, real GDP of Georgia has been steadily increasing, while share of agriculture has been decreasing. The share of agricultural output in total GDP decreased from 6.7% on 2016 to 6.2% in 2017. Agricultural output decreased in absolute terms as well by 2.6% in 2017 compared to 2016.
19
March
2018
In February 2018, the Khachapuri Index continued its downward trend and dropped to 3.67 GEL. This is 1.2% lower compared to the previous month (January 2018) and 0.3% higher compared to February 2017 (y/y). The main contributors to y/y Khachapuri Index inflation were butter (4.1%), milk (1.7%), and cheese (0.7%), while the price of eggs and wheat dropped (-3.3% and -2.5%, respectively).
