November 2022 | Annual growth projected to reach the highest value in years, driven by migration, tourism, and trade
14 November 2022

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%.

October 2022 | The Khachapuri Index increases by 28.6%
04 November 2022

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).

September 2022 | The Khachapuri Index increases by 38%
10 October 2022

In September 2022, the Khachapuri Index continued its upward trend and reached 6.30 GEL. The figure is 5.6% higher month-on-month compared to August. Furthermore, Khachapuri Index increased by 38% year-on-year (compared to September 2021).

October 2022 | Agri Review
03 October 2022

The National Statistics Office of Georgia (GeoStat) recently published its economic review for II Quarter 2022. Their publication highlights that agricultural production increased by 10.9% in the second quarter of the year compared to the same period of 2021.

June 2022 | The khachapuri index increases by 28%
11 July 2022

The average cost of cooking one standard portion of Imeretian Khachapuri stood at 5.39 GEL in June 2022. This is 2.7% lower MoM (compared to May 2022) and 28.1% higher YoY (compared to June 2021).