Europe

Georgian economy up by 8.3 percent in October



The estimated real Gross Domestic Product (GDP) growth rate in
October 2022 amounted to 8.3% YoY and 10% in January-October of
2022 YoY, according to the preliminary data from the National
Statistics Offie of Georgia (Geostat), Trend reports with reference to bm.ge.

As of the document, in October 2022 the estimated real growth
compared to the same period of the previous year was observed in
the following activities: Construction, Transportation and storage,
Financial and insurance activities, Mining and quarrying, Hotels
and restaurants, Arts, entertainment and recreation.

A decline was registered in Manufacturing and Real estate
activities.



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