BAKU, Azerbaijan, November 29
By Tamilla Mammadova – Trend:
The estimated real Gross Domestic Product (GDP) growth rate in Georgia in October 2019 equaled 5.7 percent year-on-year, Trend reports citing Georgian National Statistical Office (Geostat).
An average estimated real GDP growth equaled 5.1 percent for the first ten months of 2019 year-on-year.
In October 2019, the estimated real growth compared to the same period of the previous year was observed in the following sectors: manufacturing, hotels and restaurants, information and communication.
Meanwhile, a decrease was registered in mining and quarrying and in arts, entertainment and recreation activities.
Consumer Price Index (CPI) in October 2019 reached 106.9 year-on-year, and 100.8 month-on-month. Meanwhile, Producer Price Index (PPI) for industrial products reached 109.2 year-on-year, and 99.7 month-on-month.
Exports of goods from January through October 2019 amounted to $3 billion, which is 10.4 percent more compared to the same period of 2018.
Imports of goods in mentioned period amounted to $7.3 billion, which is 3.1 percent less compared to the same period of 2018.
At the same time, external merchandise trade turnover from January through October 2019 reached $10.3 billion, which is 0.5 percent more compared to the same period of 2018.
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