Tracking the Recovery

26 Mar, 2021
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  • Excluding the base effect, the decline in new mortgage issuances softened in the first three weeks of March
  • Dynamics of Tbilisi's residential property transactions also remained on the negative growth territory
  • The growth of spending on categories other than grocery & pharmacy continued to normalize
  • Spending on apparel remained on double-digit growth
  • Only a fifth of spending on entertainment recovered
  • Growth of spending on other consumer durables slowed down compared to the previous week, while construction materials strengthened
  • March forward occupancies at more or less at the same level for regional hotels
  • Remittance inflows maintained high growth
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