According to preliminary estimates, Georgian economy shrank by 7.7 percent in June

According to preliminary estimates, Georgian economy shrank by 7.7 percent in June

access_time2020-07-31 11:30:11

According to the preliminary estimates of the National Statistical Office, real Gross Domestic Product (GDP) declined by 7.7 percent in June 2020 compared to the same period of the previous year, while the average rate for the first six months of 2020 stood at 5.8 percent.

In June 2020 a downward trend was observed in almost all sectors compared to the same period of the previous year, namely in mining and quarrying and water supply, sewerage, waste management and remediation activities.

 



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