Covid vaccination or high levels of prior infection are finally driving a re-opening of the tourism sector, both in source markets – witness the recent loosening of restrictions in the US and UK – and destination markets – consider the acceleration o...

Strong rebound largely due to base effects. Trade, manufacturing, construction among top growth drivers in Q2.

Wine & spirits business is one of the most profitable sectors in Georgia. The sector posted 30.2% gross profit and 20.8% operating profit margins in 2019, 1.4x and 1.7x above the business sector averages, respectively. Notably, top 10 companies.....

This is highest since spring 2011. Prices up 0.7% m/m.

Monetary policy: Due to increasing concerns on inflationary pressures, regional central banks have tightened monetary policy in July, 2021. This is the 2nd time the central bank raised interest rates in 2021, after 75bps increase in April. FX market:...

Deposit growth slows for second straight month, to 19% y/y. Loan dollarisation ratio reaches record low level of 52.6%.