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Georgia to face 4 percent inflation by late 2014, National Bank says

Georgia Materials 16 August 2014 10:02 (UTC +04:00)
The Georgian National Bank predicts 4 percent inflation in the country by late 2014.
Georgia to face 4 percent inflation by late 2014, National Bank says

Tbilisi, Georgia, Aug. 14
By Nana Kirtzkhalia - Trend:

The Georgian National Bank predicts 4 percent inflation in the country by late 2014.

The country expects a 5 percent inflation rate in the first half of 2015, the Georgian National Bank told Trend on Aug. 14.

"The inflation is 2.8 percent at an annual rate in Georgia in July," the National Bank said.

Georgia's real GDP growth amounted to 6 percent in the first six months of 2014, the national bank said.

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