GEORGIA'S TOURISM SECTOR - TOURISM MARKET WATCH | MARCH 2017
The number of international arrivals was up 13.1% y/y to 0.51mn in March 2017. Out of the top five source markets, there was strong growth from Armenia (+11.2% y/y), Azerbaijan (+11.1% y/y), Russia (+16.3% y/y), and Ukraine (+16.5% y/y).
REGIONAL FIXED INCOME MARKET WATCH | MARCH 2017
Inflation in the USA came in at 2.7% y/y in February 2017, up from 2.5% y/y in the previous month and well above the FED target rate. Following a 2.0% y/y increase in February 2017, inflation in the Euro zone retreated to 1.5% y/y in March 2017
GEORGIA'S ENERGY SECTOR - ELECTRICITY MARKET WATCH | FEBRUARY 2017
The Georgian government has decided to sell the newly commissioned wind power plant to private investors. The wind farm is currently owned by “Qartli Wind Farm” Ltd, whose shareholders are state-owned companies Georgian Energy Development Fund (GEDF) and Georgian Oil and Gas Corporation (GOGC).
GEORGIA'S TOURISM SECTOR - TOURISM MARKET WATCH | FEBRUARY 2017
The number of international arrivals was up 2.1% y/y to 0.37mn in February 2017. Out of the top five source markets, there was growth from Armenia (+7.7% y/y), Russia (+31.4% y/y), and Ukraine (+10.6% y/y), while arrivals were down from Azerbaijan (-6.6% y/y) and Turkey (-21.0% y/y).
REGIONAL FIXED INCOME MARKET WATCH | FEBRUARY 2017
Inflation in the USA came in at 2.5% y/y in January 2017, following 2.1% annual inflation in December 2016, above FED’s 2.0% target, thus feeding expectations of FED’s rate increase in March 2017.
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