Boxes of Monetary Policy Reports
Optimal Monetary Policy Response to Supply-Side Shocks
Q4
Cyclical and Structural Drivers in the Import Growth
Q3
Global Fragmentation and the Implications of Tariffs for the Georgian Economy
Q2
Post-Pandemic Productivity Growth - What Makes the Difference
Evaluation of Inflation Target Fulfillment and an Assessment of the 2024 Forecasts
Q1
2025
Global Economic Risks and Spillover to Georgia
Higher Growth of Real Income Drives Stronger Consumption
Estimation of the Neutral Rate in Georgia
Profit Margins and the Cyclical Condition of the Economy
Introducing New Measures of Inflation - “Non-Tradable Sticky” and “Flexible” Price Inflation
Structural Changes in the Post-Pandemic Period and Their Impact on Potential GDP
Evaluation of Inflation Target Fulfillment and an Assessment of the 2023 Forecasts
Money Creation in the Economy - The Case of Georgia
2024
Nowcasting the number of international visitors
Contribution of profits and wages to inflation
Catchung-up or a wage-price spiral? understanding the recent surge in wages
Real GDP level and the pre-pandemic trend
The significance of the real interest rate
Wage-price spirals and inflation
Evaluation of inflation target fulfilment and an assessment of the 2022 forecasts
2023
The impact of migration (from Russia and Belarus) on tourism revenues
The importance of the tourism sector for Georgia’s economy
Factors affecting liquidity
Evaluation of inflation target fulfilment and an assessment of the 2021 forecasts
2022