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 increased by 29.8%
- Annual inflation amounted to 8.3%
- GEL depreciated against USD by 0.4% QoQ and by 5.7% YoY
- Negative overall balance of consolidated budget amounted to GEL 1,101.7 million
- Dollarization coefficient decreased on both deposits and loans
For details on other economic parameters, see Full document.
