Analysis

The FINANCIAL -- Economy -- Exports up 31.1% y/y in June 2018. In June 2018, exports increased by 31.1% y/y to US$ 308.9mn, imports were up 19.8% y/y to US$ 771.2mn and the trade deficit widened 13.2% y/y to US$ 462.3mn, according to ...

The FINANCIAL -- Economy --  Real GDP grew 7.5% in May 2018 . Georgia’s economy expanded 7.5% y/y in May 2018, after growing 6.5% y/y in previous month, according to GeoStat’s rapid estimates. ...

The FINANCIAL -- FDI down 32.9% y/y FDI was down 32.9% y/y to US$ 279mn (7.6% of GDP) in 1Q18, according to GeoStat’s preliminary figures. The major reason behind this decrease was ownership ...

The FINANCIAL -- Summer is a good time for traveling to the sea, but now I want you to join me in the journey in time. A memory from my childhood in the early 2000s was the discussion among people ...

The FINANCIAL -- Do you happen to have some 1.7 trillion USD to spare? Somewhere between 2 and 10% of the Georgian population suffers from lack of basic access to drinking water (Global High-level ...

The FINANCIAL -- In June 2018, the AGRIndex declined by -2.54%. The main driver of this change was a -16.0% fall in VEGETABLE prices. FRUIT (-8.0%) prices also fell significantly, while MEAT (-0.1%) ...

The FINANCIAL -- In May 2018, VEGETABLE prices decreased for the second consecutive month, and the m/m decline in prices (-11.1%) dropped to their lowest value since last July. As a result, the y/y ...

The FINANCIAL -- Economy -- Tourist arrivals up 20.7% y/y in June 2018 -- Total international visitors to Georgia increased 14.2% y/y to 0.61mn visitors in June 2018, according to the Ministry of ...

The FINANCIAL -- The average cost of cooking one standard Imeretian Khachapuri in June 2018 stood at 3.15 GEL, which is 0.7% lower month-on-month (compared to the previous month), and 2% higher ...