On November 29, 2022, ISET Policy Institute hosted the event Gender Equality in the South Caucasus and Beyond: New Tools for Policy Research that brought together the policy community, experts, NGOs, academia, and development partners. The activity is supported by the Swiss Agency for Development and Cooperation (SDC).

Worsened CCI. The Consumer Confidence Index fell from -24.1 in September to -28.3 in October (a 4.2 index point decline). Both the Expectations Index and the Present Situation Index moved downwards in tandem, declining by 3.3 and 5.1 points, respectively.

According to Geostat’s updated estimate, the Q3 2022 growth rate stands at 9.7%. As a result, the real GDP growth estimate for the first nine months of 2022 is 10.2%.

In October 2022, the cost of cooking one standard Imeretian khachapuri increased both annually and monthly, ranging between 6.18 GEL (Batumi) and 7.49 GEL (Telavi), with an average cost of 6.57 GEL. The latest average price is 2.6% higher month-on-month (compared to September 2022) and 28.6% higher year-on-year (compared to October 2021).

CCI stumbled in September. After observing a positive trend in the CCI since May, a minor fall can be seen in September – from -23.9 in August to -24.1 in September (0.2 index points). The CCI’s two sub-indices moved in different directions...