Georgian English Russian Main Register Company Partners Feedback
Sarke Information Agency
Georgian/English/Russian Menu

Daily News
Economic Press Monitor
Special Report
 


DAILY NEWS July 19, 2024

IN JUNE, GEORGIA’S INDUSTRIAL PPI INCREASED BY 9.3% Y-O-Y

In June, Georgia’s industrial producer price index (PPI) has increased by 9.3% compared to the same period of 2023, Sakstat reported. If compared to the previous month (i.e. May), the PPI has increased by 2.1%. More...


IN JUNE, GEORGIA’S TRANSPORT AND WAREHOUSING PPI INCREASED BY 4.7% Y-O-Y

In June, Georgia’s transport and warehousing service provider price index (PPI) has increased by 0.7% compared to the same period of 2023, Sakstat reported. If compared to the previous month (i.e. May), the PPI has increased by 1.6%. More...


IN JUNE, GEORGIA’S TEMPORARY ACCOMMODATION AND FOOD SUPPLY PPI INCREASED BY 6.6% Y-O-Y

In June, Georgia’s temporary accommodation and food supply service provider price index (PPI) has increased by 6.6% compared to the same period of 2023, Sakstat reported. If compared to the previous month (i.e. May), the PPI has increased by 1.9%. More...


IN JUNE, GEORGIA’S TELECOM PPI DECREASED BY 0.2% Y-O-Y

In June, Georgia’s telecom services provider price index (PPI) has decreased by 0.2% compared to the same period of 2023, Sakstat reported. If compared to the previous month (i.e. May), the PPI has decreased by 0.6%. More...


IN JUNE, GEORGIA’S EXPORT PRICE INDEX INCREASED BY 12.3% Y-O-Y, WHILE IMPORT PRICE INDEX – BY 1.8%

In June, Georgia’s export price index has increased by 12.3% compared to the same period of 2023, Sakstat reported. If compared to the previous month (i.e. May), the index has increased by 3.4%. More...


GEORGIA’S LOCAL EXPORT FOR 6 MONTHS IS DECREASED BY 11.5% Y-O-Y

In January-June, Georgia’s local commodity export (export without re-export) amounted to $1.29 billion, Sakstat reported (estimation). If compared to the same period of 2023, the volume has decreased by 11.5%. More...


IN JANUARY-JUNE, GEORGIA’S EXPORT TO THE EU DECREASED BY 35% Y-O-Y, WHILE IMPORTS FROM THE EU INCREASED BY 14%

In January-June, Georgia’s commodity export to the EU countries amounted to $269.4 million, Sakstat reported (estimation). If compared to the same period of 2023, the volume has decreased by 35%. More...


IN JANUARY-JUNE, GEORGIA’S EXPORT TO THE CIS DECREASED BY 1.4% Y-O-Y, IMPORT FROM THE CIS – BY 10%

In January-June, Georgia’s commodity export to the CIS countries amounted to $1.9 billion, Sakstat reported (estimation). If compared to the same period of 2023, the volume has decreased by 1.4%. More...


ECONOMIC PRESS MONITOR July 19, 2024

Netgazeti.Ge: “WHAT GEORGIA’S INVESTMENT ENVIRONMENT IS ACCORDING TO US STATE DEPARTMENT”

Conditions for business and investment in Georgia are generally good, US State Department indicated in the recent investment climate statement. However, “there is a continued lack of confidence in the judicial sector’s ability to adjudicate commercial cases independently or in a timely, competent manner, with some business dispute cases languishing in the court system for years”, the document indicates. More...


Tabula: “CONSTITUTIONAL COURT ACCEPTED PRESIDENT’S APPEAL AGAINST RUSSIAN LAW”

Georgian Constitutional Court accepted the lawsuit of the President Salome Zurabishvili against of so-called “Russian Law” (Georgia’s law “On Transparency of Foreign Influence”). The lawsuit was filed on July 15. More...


Bankebi da Finansebi: “REGULATORY COMMISSION APPROVED PLAN FOR METERS’ INSTALLATION IN ACCOUNTING SYSTEM OF “GEORGIAN MELIORATION””

Georgian National Energy and Water Supply Regulating Commission approved the plan of meters’ installation in accounting system of LLC Georgian Melioration.

According to the plan, installation of meters for nonspecialized users of irrigation water (ponds, technical water users) covers 2024-2025. More...


Forbes Georgia: ““TBC UZBEKISTAN” ALLOCATES $38.2M TO EXPANSION OF FINANCIAL PRODUCTS”

Referring to TechCrunch, the magazine reports that TBC Bank Uzbekistan, a mobile app-based bank, is allocating $38.2 million to expand its products in Uzbekistan.

Of this amount, $23 million comes from the bank’s parent Georgian TBC Group, while remaining part is participation of EBRD and the International Finance Corporation (IFC) of the World Bank, making up per $7.6 million each. More...


SPECIAL REPORT July 10, 2024

QUARTERLY TOURISM UPDATE (Q1 OF 2024)

SUMMARY

For the first time since Q1 of 2020, the number of visits to Georgia in Q1 of 2024 matched the pre-pandemic level. Specifically, in Q1 of 2024, international visits to Georgia increased by 25%, compared to Q1 of 2023. More...


Exchange Rates (NBG)
  07/19/24 + / -
  USD   2.6953   0.0000
  EUR   2.9476   0.0000
  RUR   3.0614   0.0000
Get News in Brief by E-Mail
Get daily News in Brief on your e-mail for free!
Announcements
Dear readers,

We are leaving for Easter holidays. We will resume our news updates on May 9.

Sincerely,

Sarke Information Agency


© 2024 Sarke Information Agency