Day: December 3, 2025

The New Year season is approaching, and with it, the traditional “Gingerbread City” returns!

A Russian victory, defined here as the consolidation of territorial gains and a weakened international response, would thus reconfigure the geopolitical landscape across Europe and Eurasia. It would signal that territorial revisionism is once again a viable instrument of statecraft, embolden authoritarian actors worldwide, and complicate efforts to maintain a rules-based order.

Georgia’s annual inflation rate stood at 4.8% in November, with consumer prices rising by 0.4% compared to the previous month, according to data released by the National Statistics Office (Geostat) on December 3.

Geostat said the annual inflation was mainly driven by higher prices for food and non-alcoholic beverages (up 10.3%), health (up 8%), and alcoholic beverages and tobacco (up 4.4%). Prices declined in communication (down 4%) and recreation and culture costs (down 1.5%).

On a monthly basis, the largest increases were recorded in miscellaneous goods and services (up 1.8%), food and non-alcoholic beverages (up 0.9%), and furnishings, household equipment, and maintenance (up 0.9%). Prices fell in restaurants and hotels by 0.6%, and in transport, clothing, and footwear by 0.4%.

Within the food and non-alcoholic beverages group, monthly price increases were observed for oils and fats (4.2%), vegetables (3.8%), bread and cereals (1.9%), fish (1.4%), milk, cheese and eggs (1.4%), meat (1.2%), coffee, tea and cocoa (0.5%), mineral waters, soft drinks, fruit and vegetable juices (0.2%). Prices decreased for fruit and grapes (-6.8%) and sugar, jam, honey, chocolate and confectionery (-1.5%).

Also Read:

• 26/11/2025 – EU, U.S. Top Money Transfers to Georgia in October
• 25/11/2025 – National Bank Says International Reserves Exceed $5.6 Billion After October Purchase of $167 Million
• 03/11/2025 – Georgia’s Annual Inflation at 5.2% in October 2025
• 16/09/2025 – One Person Detained Over Alleged Scheme of Laundering up to $700 Million
  

Azerbaijani figure skater Nargiz Suleymanova will make her debut at the European Figure Skating Championships, Azernews reports.

2nd Azerbaijan–Türkiye Regional Economic Forum kicks off in Nakhchivan  Report.az

Azerbaijan and Estonia have held discussions on expanding cooperation in the development of innovative tax administration and digital management models.