ISET

ISET-PI updated its forecast of Georgia’s real GDP growth rate for the fourth quarter of 2017, and the first quarter of 2018. Here are the highlights of this month’s release:

Geostat updated its preliminary estimate of real GDP growth for the first and second quarters of 2017. The Q1 and Q2 GDP growth estimates were revised upward by 5.3% and 4.9%, respectively (0.2% higher than initial estimates). The third quarter estimates remained unchanged so far.

Real GDP growth rate reached 5.7 % y-o-y for October 2017. As a result, estimated real GDP growth for the first ten months of 2017 was 4.9%.

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%.

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

Recently, Geostat published the preliminary estimate of real GDP growth for the second quarter of 2017, which now stands at 4.7%. This is 0.7 percentage points above the previously estimated average growth rate for Q2. As a result, the real GDP growth for the first half of 2017 reached 4.9%.

The ISET-PI real GDP growth forecast for both the third and the fourth quarter of 2017 has been revised to 5.9%.

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