GEORGIA'S TOURISM SECTOR - TOURISM MARKET WATCH | JANUARY 2017
The number of international arrivals was up 19.8% y/y to 0.39mn in January 2017.
REGIONAL FIXED INCOME MARKET WATCH | JANUARY 2017
In 4Q16, GDP growth in the USA came in at 1.9% q/q (annualized), below expectations, while Euro Zone growth was above market expectations at 1.8% y/y (annualized).
GEORGIA'S ENERGY SECTOR - ELECTRICITY MARKET WATCH | DECEMBER 2016
Domestic consumption increased 6.2% y/y in 2016. The main contributor was Telasi (+15.3% annually), which doubled its 2015 annual growth rate (+7.5% y/y).
GEORGIA'S TOURISM SECTOR - TOURISM MARKET WATCH | DECEMBER 2016
The number of international arrivals was up 4.3% y/y to 0.49mn in December 2016
REGIONAL FIXED INCOME MARKET WATCH | DECEMBER 2016
US Federal Open Market Committee increased federal funds rate by 25 basis points to a range of 0.50-0.75% at its December meeting, the first increase since December 2015. Additionally, the expectation for the number of quarter-point rate hikes in 2017 was increased from two to three.
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