BAKU, Azerbaijan, October 31
By Tamilla Mammadova – Trend:
The estimated real Gross Domestic Product (GDP) growth rate in September 2019 in Georgia equaled 5.2 percent in comparison to the same period of last year, Trend reports via the National Statistics Office of Georgia (Geostat).
The estimated real GDP average growth amounted to 5.7 percent for the third quarter of 2019.
An average estimated real GDP growth equaled 5 percent for the first nine months of 2019, year-on-year.
In September 2019 the estimated real growth compared to the same period of the previous year was recorded in construction, transport, trade, hotels and restaurants, manufacturing.
According to Geostat data, a decrease was registered in mining and quarrying and also in other community, social and personal service sectors.
Consumer Price Index (CPI) in September 2019 reached 106.4 year-on-year, and 101.7 month-on-month. Meanwhile, the Producer Price Index (PPI) for industrial products reached 111.2 year-on-year, and 101 month-on-month.
Exports of goods from January through September 2019 amounted to $2.7 billion, which is 11.1 percent more compared to the same period of 2018.
Imports of goods in mentioned period amounted to $6.4 billion, which is 3.3 percent less compared to the same period of 2018.
At the same time, external merchandise trade turnover from January through September 2019 reached $9.1 billion, which is 0.53 percent more than in the same period of 2018.
The estimated real GDP growth rate in August 2019 equaled 5.8 percent year-on-year.
An average estimated real GDP growth equaled 5 percent for the first eight months of 2019 year-on-year.
In August 2019 the estimated real growth compared to the same period of the previous year was posted in: construction, transport, other community, social and personal service activities, trade, manufacturing, hotels and restaurants.
A decrease was registered in mining and quarrying and in electricity, gas and water supply.
---
Follow the author on twitter: @Mila61979356