Based on the latest data, the updated annual GDP growth projection is 3.4%. It is noteworthy that the model starts to provide the most accurate annual estimate in September when seven months of data is available on core explanatory variables.
The final growth forecast for the third quarter of 2015 has not changed significantly since last month (declining by only 0.02%) and remains at 2.6%. Similarly, the second growth forecast for the fourth quarter of 2015 is still 3.8%.
The growth forecast for the third quarter of 2015 has not changed since last month and remains at 2.6%. The first forecast for the fourth quarter growth of 2015 has been targeted at 3.8%.
I am not addicted to TV but I found myself sitting in front of the TV almost 24 hours a day before the 2012 Georgian parliamentary elections.