COVID-19: Georgians trust more to foreign doctors, survey

The FINANCIAL–Communications company Noblet Media CIS, Edelman affiliate, in partnership with Info Sapiens research agency, presented the survey on lifestyle and financial views of middle and upper-middle-class in the countries where the companies operate.The vast majority of Georgians with middle or upper-middle-income aim…

6 mins read

The Khachapuri Index Increases by 24.9%

The average cost of cooking one standard Imeretian Khachapuri in May 2020 stood at 4.18 GEL; 6.8% lower month-on-month compared to April. However, the Khachapuri Index did increase by 24.9% year-on-year (compared to May 2019). At this time of the year the monthly downward…

2 mins read

May 2020 | Georgian Consumer Confidence: Revival in May

A nationally representative sample of around 350 Georgians, interviewed in early May, reveals that Georgian Consumer Confidence rose in May compared to the prior month, by 8.1 index points, from -48.3 in April to -40.2 in May. This follows rapid declines in…

7 mins read

The 2019 Georgian economy – a year in review

Economic growth – a bird’s eye view of 2019 According to Geostat, the 2019 real GDP growth in Georgia was 5.1% year-over-year (YoY). This figure moderately surpassed NBG’s, ADB’s, EBRD’s, IMF’s and the World Bank’s latest growth projections for 2019, which range…

11 mins read

The Implications of COVID-19 on the Georgian Power Market

The consequences of COVID-19 on tourism and in the industrial and service sectors have been discussed broadly recently. However, little has been said about the current and future implications on the Georgian power sector. The worldwide pandemic has already had, and is…

10 mins read
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