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Wizz Air announces direct flights to Brussels, Madrid, Frankfurt, Hamburg, Poznań from Kutaisi airport

Wizz Air announces direct flights to Brussels, Madrid, Frankfurt, Hamburg, Poznań from Kutaisi airport

Business-Economics12.13.2022

Hungarian low-cost airline Wizz Air will add new routes to Brussels, Madrid, Frankfurt, Hamburg and Poznań from Georgia’s western Kutaisi International Airport starting from next summer.  The direct flights will be operated out twice a week, the Uni...

64% of Georgian wine exported to Russia this year

64% of Georgian wine exported to Russia this year

Business-Economics11.23.2022

According to the National Statistics Office of Georgia, 64% of Georgian wine exported in the first ten months of 2022 went to Russia This is the biggest indicator over the last ten years Georgia restored trade and economic relations with Russia in ...

Annual inflation hits 10.6% in Georgia

Annual inflation hits 10.6% in Georgia

Business-Economics11.03.2022

The consumer Price Index increased by 0.5 percent in October compared to the previous month, while the annual inflation rate amounted to 10.6 percent, the national statistics office said on Thursday.  The agency said that the monthly inflation rate ...

Flights resumed from Kutaisi airport after renovation work

Flights resumed from Kutaisi airport after renovation work

Business-Economics10.31.2022

Flights from western Kutaisi international airport resumed on Monday after the renovation of a runway, the United Airports of Georgia said.  The renovation of the runway was completed yesterday, with the first flight performed from  Minsk. The cost...

Imports from Russia increased by 72.8% – Geostat

Imports from Russia increased by 72.8% – Geostat

Business-Economics10.20.2022

In January-September 2022, the foreign trade turnover of goods in Georgia (without undeclared trade) amounted to 13.6 billion US dollars, which is 35.3 percent more than the corresponding period of the previous year, the National Statistics Office of...

Georgia’s external trade in January-September hits $13billion – Geostat

Georgia’s external trade in January-September hits $13billion – Geostat

Business-Economics10.13.2022

External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 13 612.0 million in January-September 2022, 35.3 percent higher year-on-year, the National Statistics Office of Georgia said on thursday.  The agency said that the ...

Statistics office sets average monthly earnings of Georgians at ₾1,304

Statistics office sets average monthly earnings of Georgians at ₾1,304

Business-Economics10.11.2022

The National Statistics Office of Georgia said on Tuesday that average monthly nominal earnings of employees increased by 9.5 percent (113.5 Gel) last year compared to 2020 and amounted to 1 304.5 Gel.  It said that last year the average monthly ear...

Int’l visits restored by 53.8% compared to pre-pandemic period – tourism administration

Int’l visits restored by 53.8% compared to pre-pandemic period – tourism administration

Business-Economics10.06.2022

The National Tourism Administration of Georgia said on Thursday that in the nine months of 2022, compared to the same period of 2019, the recovery rate of international visits is 53.8%. The agency stated that in September 2022, 636,235 international...

Georgian gov’t announces a week-long wine festival across country

Georgian gov’t announces a week-long wine festival across country

Business-Economics10.03.2022

The Georgian government on Monday announced a week-long wine festival across the country between October 9 and 15, stating that the event initiated by the country’s prime minister Irakli Garibashvili would allow the attendees to taste varieties of th...

Annual inflation rate hits 11.5% in Georgia

Annual inflation rate hits 11.5% in Georgia

Business-Economics10.03.2022

In September 2022 the Consumer Price Index increased by 0.8 percent compared to the previous month, while the annual inflation rate amounted to 11.5 percent, the National Statistics Office of Georgia said.  The agency said that the monthly inflation...

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