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ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the fourth quarter of 2017. Here are the highlights of this month’s release:

Recently, Geostat has released the preliminary estimate of the real GDP growth for the third quarter of 2017. The Q3 growth rate now stands at 4.4%, which is 1.5% below the ISET-PI’s last forecasted value. As a result, the estimated real GDP growth for the first nine months of 2017 amounted to the 4.7%.

ISET-PI’s revised its forecast of real GDP growth for the fourth quarter of 2017 to 4.6%.

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