13
November
2019
On the 13th of November, ISET was visited by Joey Cherdarchuk of Darkhorse Analytics, a Canadian company specializing in data science and information design. The firm is dedicated to helping organizations and individuals present their data in a clear and understandable way; in an often humorous and highly informative workshop, Mr. Cherdarchuk demonstrated how failures in data presentation can be misleading (wilfully or otherwise) and inaccurate.
08
November
2019
After facing a generation deficit during the month of August, Georgia continued to experience a decrease in power generation. In September 2019, generation decreased by 3% compared to September 2018 and by 19% compared to August 2019.
21
October
2019
ISET-PI’s forecast of real GDP growth for the third quarter (July-September) of 2019 remains at 7.1%, unchanged from last month’s prediction. While the third estimate for the fourth quarter (October-December) growth forecast stands at 5.5%. Geostat recently published its preliminary estimate of real GDP growth for August, which currently stands at 5.8%. As a result, the real GDP growth estimate for the first eight months of 2019 was reduced to 5%.
08
July
2019
ISET-PI’s growth projections for the second and third quarters of 2019 were revised upward by less than 0.1 percentage points. They now stand at 4.8% and 7.5% respectively. Geostat has increased the estimate of the average real GDP growth for the first quarter of 2019 to 4.9% (by around 0.2 percentage points).
17
June
2019
The cost of cooking one standard Imeretian khachapuri in May 2019 averaged 3.24 GEL, which is approximately 2.4% higher compared to May 2018 (year-on-year), and 6.4% lower compared to the previous month (April 2019).
