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Annual Inflation Declined to 6% in July

Annual Inflation Declined to 6% in July

The consumer basket has cheapened in Georgia. Geostat, national statistics service of Georgia, noted that deflation constituted 0.9%. The figure has made influence on consumer basket and the inflation dropped to 6%. The contraction marked 1.1% month on month. In the reporting period prices for food and non-alcoholic beverages decreased 2.6 percent …

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Our 9,000-Year Love Affair With Booze

Our 9,000-Year Love Affair With Booze

Alcohol isn’t just a mind-altering drink: It has been a prime mover of human culture from the beginning, fueling the development of arts, language, and religion. If you’re a beermaker in Germany, Martin Zarnkow is a guy you want to know. Students come to his department at the Technical University …

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Georgia is Number one Brandy Exporter in Russia

Sarajishvili brandy

Exports of cognac from Georgia to Russia has almost doubled, to 1.1 million liters in the first half of 2016, wrote the newspaper “Vedomosti”. As stated in the report of the Center of federal and regional markets for alcohol (TSIFFRA), from May to June, the Georgian brandy had 48.1% of the …

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The Underground World of Georgian Wine

When you arrive at passport control in the Tbilisi airport, a border agent checks your documents, gives you a once-over, and hands you a bottle of wine. I’m not actually sure if this is always the case, but it was when I landed in the world’s self-proclaimed “Cradle of Wine” …

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Alcohol and Tobacco Prices on Rise While Food Prices Drop

Data published by Georgia’s National Statistics Office, Geostat, revealed the change in price of goods in June 2015 contributed to a monthly inflation rate of 0.02 percent. Last month the cost of food and non-alcoholic beverages dropped by 1.9 percent, which contributed 0.59 percentage points to the overall monthly inflation. …

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