20
March
2017
We started forecasting the annual growth rate at the start of 2014 (see our January 2014 and February 2014 publications for a note on methodology). Based on January’s data, we expect annual growth in 2017 to be 4% in the worst-case or “no growth” scenario, and 5.1% in the best-case or “average long-term growth” scenario.
20
March
2017
This week we are offering a special edition of the Khachapuri Index. For this edition, we asked our relatives and friends who live abroad to tell us the price of khachapuri ingredients they are buying. Unfortunately, they cannot buy Imeretian cheese in their counties of residence, so they usually use mozzarella or feta cheese to make khachapuri. Of course, even mozzarella cheese brands and prices vary from country to country.
13
March
2017
In February 2017, the average cost of cooking one standard Imeretian khachapuri declined to 3.66 GEL, which is 0.2% lower month-on-month (that is, compared to January 2017) and 6.2% higher year-on-year (compared to February 2016).
07
March
2017
In 2016, GEO real property market grew substantially. With a total of 89 120 transactions, the market this year surpassed 2015 by 20.2%. The highest number of sales was registered in AUG-16 & DEC-16, with 8 076 and 8 099 units respectively.
06
March
2017
The Khachapuri Index has declined in February, with the average cost of cooking one standard Imeretian khachapuri reaching 3.66 GEL. This is 0.2% lower month-on-month (compared to January 2017), and 6.2% higher year-on-year (compared to February 2016).
