Analysis

The FINANCIAL -- Total international visits to Georgia increased 8.5% y/y to 0.61mn in October 2018, according to the Ministry of Internal Affairs. A 15.1% y/y growth in tourist arrivals (0.41mn trips, 66.6% of total) drove the ...

The FINANCIAL -- Economy -- In September 2018, the banking sector loan portfolio increased 18.8% y/y after growing 19.0% y/y in previous month, excluding the exchange rate effect. In unadjusted ...

The FINANCIAL -- About two months ago, the Georgian government announced the introduction of restrictions on wheat imports and their transit by road transport. However, this idea was soon abandoned ...

The FINANCIAL -- ECONOMY -- Exports up 17.1% y/y in September 2018 In September 2018, exports increased by 17.1% y/y to US$ 301.7mn, imports were up 3.3% y/y to US$ 711.4mn and the trade de􀂿 cit ...

The FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri in September 2018 was 3.56 GEL, which was 3.7% higher month-on-month (m/m, as compared to the previous month), and 2.1% ...

The FINANCIAL -- Georgia’s real GDP growth constituted a strong 5.5% year over year (YoY) in the second quarter (Q2) of 2018, according to the Geostat figures. Recently this year, IMF and World ...

The FINANCIAL -- In August 2018, the average cost of cooking one standard Imeretian khachapuri increased to 3.43 GEL, which is 3.8 % higher month-on-month (m/m, that is, compared to July 2018), but ...