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April 2023 | Electricity Market Review
05 June 2023

In April 2023, Georgian power plants generated 1,249 mln. kWh of electricity. This represents an 11% increase in the total generation compared to the previous year (in April 2022, the total generation was 1,125 mln. kWh). The increase in the generation on a yearly basis comes from an increase of 181%, 38%, and 5% in thermal, wind, and hydropower generation, respectively.

May 2023 | Khachapuri Index's downward trend continues
05 June 2023

The average cost of cooking one standard portion of Imeretian khachapuri stood at 5.76 GEL in May 2023. The declining month-on-month trend has continued as the price of khachapuri fell by 4.1% (compared to April 2023). However, in comparison to May 2022, a year-on-year increase of 1.9% is still visible.

April 2023 | CCI: Upward trend continues
15 May 2023

Consumer confidence on the rise. The CCI has increased by 4.8 index points, from -28.8 in March to -24 in April.

April 2023 | Khachapuri Index marks its second consecutive monthly decline
01 May 2023

In April 2023, the average cost of cooking one standard portion of Imeretian khachapuri stood at 5.99 GEL. This latest average price is 1.4% higher than in April 2022. Whereas in month-to-month developments, the price of a single khachapuri experienced a significant decline of 8.0% compared to the previous month, March 2023.

April 2023 | Business and consumer confidence indicators diverge, reflecting uncertainty facing the Georgian economy
01 May 2023

Geostat has released its rapid estimate of real GDP growth for February 2023. The estimated growth stands at 5.8%, while the average real GDP growth for January-February 2023 reached 7.1%.

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