March 2022 | CCI Quick Recovery
19 April 2022

CCI’s quick comeback. After consumer confidence hit the lowest point since the pandemic this February, it rapidly got back on track in March. The index increased by 10.9 index points, from -42.4 in February to -31.5 in March.

February 2022 | CCI: hits its lowest mark since the pandemic
23 March 2022

A massive decline in CCI. The decline in consumer confidence continues. However, the magnitude in February is quite high—the index decreased by 10.1 index points and fell to -42.4, the all-time low seen since the pandemic hit.

January 2022 | CCI: reversal in December’s trend
22 February 2022

The CCI has fallen again. After a slight rebound of the Consumer Confidence Index in November, the index further improved in December from -31 to -29.8. However, in January the index decreased by 2.5 index points and fell to -32.3. Both the Present Situation Index and the Expectations Index followed the same trend in December as well as in January, with the Present Situation Index decreasing by 1.9 index points and the Expectations Index by 3.2 points (Chart 1).

November 2021 | CCI: a slight rebound in confidence
20 December 2021

The CCI is getting back on track. The highly anticipated decline observed last month has been reversed. The Consumer Confidence Index has increased from -32.5 in October to -31 in November (by 1.5 index points).

Quarter 3 2021 Macro Review | Quarter 3 reality check for Georgia: low vaccination rates, higher inflation and tepid FDI emerge as new challenges
20 December 2021

The global economy continues to recover in Q3 2021 following the deep economic crisis caused by the COVID-19 pandemic. The growth accelerated as a result of the easing of virus- containment restrictions in most countries. According to the IMF forecast (October 2021), global GDP will grow 5.9% year over year (y/y), which is a downward adjustment from the previous estimate of 6% (July 2021).