Analysis

The FINANCIAL -- Since 2012, when the political party Georgian Dream took leadership of the country’s governance, economic [real] growth reached its highest rate in 2017 (5.0%). The drivers of this growth were construction (11.2%), hotels and restaurants (11.2%) and the financial sector (9.2%). However, a few sectors of the economy declined in 2017, and one was agriculture ...

The FINANCIAL -- In March 2018, DAIRY prices continued declining trend — the drop was as low as -7.1%, compared to the last month. Due to this change, the gain in the year-to-year AGRIndex also ...

The FINANCIAL -- Compared to the previous month, in March 2018, the AGRIndex increased marginally by 0.3%. The biggest price-gainers were FRUIT (+7.8%) and VEGETABLES (+5.2%), but the decline in ...

The FINANCIAL -- In April 2018, compared to the previous month, only MEAT (+1.8%) prices went up, while DAIRY (-8.0%), VEGETABLE (-6.8%), and FRUIT (-2.6%) prices lost significant parts of their ...

The FINANCIAL -- In April 2018, the average cost of cooking one standard Imeretian khachapuri declined to 3.29 GEL, which is 7.4% lower month-on-month (that is, compared to March 2018), and 1.0% ...