Page 16 - bne IntelliNews Georgia country report November 2017

4.2.2 PPI dynamic
Georgia’s PPI rises in August
Georgia’s annual inflation in domestic producer prices increased from 11.5% in August to 13.4% y/y in September. It was the highest producer inflation since April 2011.
The rise in PPI was mainly attributed to a 13.7% expansion in production prices for manufacturing (up from 11.4% in August), a 22.4% hike in mining and quarrying prices (up from 18% in August) and a 9.2% increase in the prices of electrical energy, gas, steam and hot water.
On a monthly basis, producer prices edged up by a steeper 2% in September.
4.3 Fixed investment
Georgia -Fixed capital investment 2011 2012 2013 2014 2015 2016
Gross fixed investment capital formation (local currency)
6,368.00 7,575.39 6,652.91 8,688.85 10,004.33 10,999.8
Gross fixed capital formation (% of GDP)
22.49% 24.83% 21.95% 25.85% 28.44% 30.40%
Source: CEIC
Georgia loan recipients get over €100mn from IFIs for infrastructure, private sector
FMO, the Dutch development bank, and the German Investment and Development Corporation (DEG) are to lend €65mn to Georgia's state-owned water company, agenda.ge reported on August 16 following a signing ceremony between the state-owned company and the development lenders.
Georgia Water & Power (GWP) supplies water to the residents of the Georgian capital of Tbilisi, treats wastewater and generates hydropower at two plants - Zhinvali and Tetrikhevi.
GWP also signed an agreement with the World Bank's private-sector arm, the International Finance Corporation (IFC), to enhance its water efficiency, overall environmental performance and competitiveness.
In a separate report, agenda.ge said that another World Bank affiliate, the
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