The FINANCIAL — National Statistics Office of Georgia published data of Producer price index for industrial products in Georgia (August 2020). In August 2020 the Producer Price Index for Industrial Products increased by 0.05 percent compared to the previous month, while compared to August 2019 the index growth amounted to 4.9 percent. The prices for manufactured products decreased by 0.4 percent compared to July 2020, resulting in a -0.33 percentage point contribution to the overall monthly PPI change. Within the group noteworthy price decrease was registered for basic metals (-4.9 percent). In the same period the prices increased for electricity,…
Read More »The FINANCIAL — National Statistics Office of Georgia published data of Producer price index for industrial products in Georgia (August 2020). In August 2020 the Producer Price Index for Industrial Products increased by 0.05 percent compared to the previous month, while compared to August 2019 the index growth amounted to 4.9 percent. The prices for…
You might be interested in
The rising popularity of cryptocurrency has promulgated a new executive order by President Biden named “Ensuring Responsible Development of Digital…
The sanctions placed on Russia due to its invasion of Ukraine are impacting the country’s venture capital (VC) funding landscape…
The FINANCIAL — Global M&A Network Executes 226 Transactions Valued at more than €7.8 Billion Globalscope Partners, a network of…

The FINANCIAL – Gold hit its highest price for the first time in more than seven years. Gold prices rose above the $1,700 per ounce level on Monday. After a 18% surge in 2019, gold prices have moved sharply higher this year amid coronavirus crisis and as central banks cut interest rates to try and…
You might be interested in
The EBRD is boosting food security in wartime Ukraine by issuing risk-sharing instruments to selected local banks and a leasing…
Beginning on February 24, Metinvest Group has restructured its operations. According to the decision of shareholders Rinat Akhmetov and Vadym…
As policymakers and industry leaders brace for a reduction in Russian oil and gas supplies to the European Union and…

The FINANCIAL — Egypt to launch bid round in March for gold exploration in Eastern Desert. Investors will be bidding on blocks which will be awarded to them within four months of the bid round being launched. Egypt issued new regulations after getting complaints from investors. The blocks will be administered under a free carry,…
You might be interested in
Ukrainian forces began a counteroffensive Saturday near the Russian-controlled town of Izium in northeastern Ukraine, a regional governor said. Ukraine…
Russian President Vladimir Putin told his Finnish counterpart that it would be a “mistake” for Finland to join NATO, according…
The FINANCIAL — In 2020, the number of people killed in road traffic accidents in the EU decreased by 17%…