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 6.5%
• Annual inflation amounted to 3.3%
• GEL depreciated against USD by 5.2% QoQ and by 9.9% YoY
• Negative overall balance of consolidated budget amounted to GEL 1,826.2 million
• Dollarization coefficient increased on deposits and decreased on loans

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 3.8%
• Annual inflation amounted to 4.8%
• GEL appreciated against USD by 1.1% QoQ and depreciated by 5.9% YoY
• Negative overall balance of consolidated budget amounted to GEL 1,671.1 million

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 12.6%
• Annual inflation amounted to 6.5%
• GEL depreciated against USD by 0.8% QoQ and depreciated by 12.7% YoY
• Negative overall balance of consolidated budget amounted to GEL 759.8 million
• Dollarization coefficient increased on both deposits and loans

For more details, see the complete document

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 growth amounted to 1.5% 
• Annual inflation amounted to 6.3%
• GEL appreciated against USD by 0.7% QoQ and depreciated by 8.8% YoY
• Negative overall balance of consolidated budget amounted to GEL 316.9 million
• Dollarization coefficient increased on both deposits and loans 

For more details, see the complete document