11
June
2018
The average cost of cooking one standard Imeretian Khachapuri in May 2018 stood at 3.17 GEL, which is 3.4% lower month-on-month (i.e. compared to April 2018). The Khachapuri Index is actually up by 1.1% year-on-year (compared to May 2017), suggesting a slight uptick in annual inflation. The supply of fresh milk is approaching its seasonal peak, and this peak might be earlier than usual this year because of the early spring.
08
June
2018
ISET Policy Institute appeared in the 2017 Global Go to Think Tank Index produced annually by Think Tanks and Civil Societies Program (TTCSP) at the Lauder Institute, University of Pennsylvania.
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.