Georgia’s GDP increased by 5.5% y/y in Q2, the highest growth rate in more than five years, the statistics office reported. The growth rate was, however, lower than the 6.0% y/y flash estimate.
The National Bank of Georgia’s (NBG’) Monetary Policy Committee decided to keep the refinancing rate unchanged at 7.0%.
The Consumer Price Index (CPI) in Georgia increased by 3.1% y/y in August, while edging up by 0.5% compared to July, statistics office Geostat said on September 3.
Georgia’s GDP grew by 4.6% y/y in July, a flash estimate from statistics office Geostat showed on August 30.
Georgia’s Consumer Price Index (CPI) increased by 2.8% y/y in July, while decreasing 0.3% compared to June 2018, state statistics agency Geostat said.