The average cost of cooking one standard Imeretian Khachapuri in October 2014 was 3.35 GEL, which is 0.1% lower both month-on-month (m/m, that is compared to the previous month) and year-on-year (y/y, that is compared to the same month of last year). Foreign currency earners have been affected differentially, depending on whether they are earning their income in USD or EUR.

The rental price index registered the sharpest annual decline in November 2014. Average rental and sale prices in Tbilisi continue to follow their long run trends. Average rental prices in Gldani-Nadzaladevi and Isani-Samgori have converged for two consecutive months.

After consistent increases in two previous months, the average cost of cooking one standard Imeretian khachapuri stayed at 3.35 GEL in October 2014, unexpectedly bringing the Khachapuri Index to a halt. The Index dropped 0.1 % month-on-month (compared to September 2014) and year-on-year (compared to October 2013).

A few days ago, I was walking in Kostava Street towards the Philharmony when I passed a construction site that was separated from the sidewalk by a wooden fence. Suddenly, I heard the ugly sound of fabric torn apart. Yes, it had happened! My nice winter coat was ripped up by a rusty nail that stuck out of the fence, causing a huge hole in the coat that went down to the lining.

Feasibility study identifies schemes appropriate for a support by the German Financial Cooperation for investments in agro-insurance in Georgia. If implemented, the supported agro-insurance scheme(s) shall contribute to reduce the vulnerability of farmers, SME, and intermediaries engaged in agricultural activities in connection with economic damages as a consequence of bad weather events.