10
September
2018
After three consecutive quarters of improvement, BCI in the third quarter of 2018 has worsened, dropping to 35.4 index points, which is a 4.2 index point loss over the previous quarter. The BCI drop is based on lowering expectations and worsening of past performance in many business sectors. Compared to other sectors, manufacturing assessed their past performance and expectations the most pessimistically. In contrast, the agriculture sector is the most positive, reflecting a high season in production.
03
September
2018
In August 2018, Georgian power plants generated 985 mln. KWh of electricity. This represents a 5% decrease in total generation, compared to the previous year (in 2017, total generation in August was 1,034 mln. kWh). The decrease in generation on a yearly basis mainly comes from a decrease in hydropower and wind power generation (more details in the report below).
01
August
2018
In July 2018, Georgian power plants generated 1,268 mln. KWh of electricity. This represents a 2% increase in total generation, compared to the previous year (in 2017, total generation in July was 1,247 mln. kWh). The increase in generation on a yearly basis mainly comes from an increase in hydropower and wind power generation.
09
July
2018
The average cost of cooking one standard Imeretian Khachapuri in June 2018 stood at 3.15 GEL, which is 0.7% lower month-on-month (compared to the previous month), and 2% higher year-on-year (compared to the same month of last year).
03
July
2018
The GEO real property market grew by 10.1% in Q2 2018, in comparison with Q1 2018. The annual increase was more pronounced at 22.7% (YoY), in comparison with Q2 2017. TBS, with a 44.0% share in total sales in Q2 2018, dominated the GEO real property market.