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In June 2018, FRUIT prices continued their recent declining trend — the m/m change last month ...
Read moreISET-PI has begun publication of a new product – the Budget Execution Monitor (BEM). The goal of the BEM is to forecast revenues and expenditures of the general government of Georgia for the cu...
Read moreISET-PI has updated its now-casting model for Georgia’s real GDP growth using the December 2013 releases of various economic indicators.
• The growth forecast for the 4th quarter of 2013 is unchanged at 4.9%, suggesting annual growth of 2.6%, while Geostat’s flash estimates are 6.9% for 2013Q4 and 3.1% for the whole year.
• The growth forecast for the 1st quarter of 2014 is broadly unchanged (revised downward slightly from 5.7% to 5.6%). Thus, we expect the annual growth rate in 2014 to be at least 3.4% and more likely around 5.6%. Download the full report