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 the forecasts for Georgia’s real GDP growth rates using the February 2014 releases of various economic indicators.
• The growth forecast for the 1st quarter of 2014 has been revised upward from 5.3% to 7.3%.
• The growth forecast for the 2nd quarter of 2014 has been targeted at 7.0%. Meanwhile, Geostat has released official quarterly growth GDP rate for the last quarter of 2013 and it is quite impressive 7.1%.
• From 2014 we started to draw some conclusions about annual growth rate for year 2014. The methodology that we use and the scenario description is explained in our previous publication. Given these developments, we expect the annual growth rate in 2014 to be 4.5% at the very least and more likely somewhere around 5.7%. Download the full report