Each month/quarter, PBO issues short macroeconomic reviews. Those monthly/quarterly reviews, which are based on information from the Geostat, National bank of Georgia and Ministry of Finance and use PBO estimations, provide information on the monthly/quarterly status of core macro aggregates.
HIGHLIGHTS
- According to preliminary estimate real GDP fell by 4.2%
- Annual inflation amounted to 4.5%
- GEL depreciated against USD by 1.3% QoQ and by 11.7% YoY
- Negative overall balance of consolidated budget amounted to GEL 588.3 million
- Dollarization coefficient increased on deposits and decreased on loans
For details on other economic parameters, see Full document.
