BAKU, Azerbaijan, Jan.31
By Tamilla Mammadova – Trend:
The estimated real Gross Domestic Product (GDP) growth rate in December 2019 equaled 3.8 percent year-on-year in Georgia, Trend reports referring to Georgian National Statistical Office (Geostat).
As reported, an average estimated real GDP growth equaled 5.2 percent for 2019 year-on-year.
In December 2019, the estimated real growth compared to the same period of the previous year was in manufacturing, transport and storage, wholesale and retail trade, repair of motor vehicles and motorcycles, hotels and restaurants.
A decrease was registered in construction.
Consumer Price Index (CPI) in December 2019 reached 107 year-on-year, and 100.4 month-on-month. Meanwhile, Producer Price Index (PPI) for industrial products reached 107.8 year-on-year, and 99.5 month-on-month.
Exports of goods from January through December 2019 amounted to $3.7 billion, which is 12.4 percent more compared to the same period of 2018.
Imports of goods amounted to $9.1 billion, which is 0.8 percent less compared to the same period of 2018.
At the same time, external merchandise trade turnover from January through December 2019 reached $12.8 billion, which is 2.7 percent more compared to the same period of 2018.
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