PBO’s Monthly Macroeconomic Review reflects the trends of major macroeconomic variables. The review is based on data from Geostat, National Bank of Georgia and Ministry of Finance.
In the reporting period, the major variables dynamics were:
- According to preliminary estimates, economic growth amounted to 4.6% in July 2018, with average growth of real GDP totaling 5.5% in January-July
- Annual inflation reached 3.1% in August
- In August, GEL depreciated both against USD (by 3.5%) MoM and EUR (by 2.3%)
For more details about other economic indicators see the complete document.