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May
2020
Weekly market watch May 18, 2020 Trade deficit nearly halved in April 2020 In April 2020, exports decreased by 27.4% y/y to US$ 223.2mn, imports fell by 38.5% y/y to US$ 458.0mn and the trade deficit narrowed by 46.3% y/y to US$ 234.8mn according to Geostat’s... learn more 11May
2020
Weekly market watch May 11, 2020 Inflation was 6.9% y/y and 0.9% m/m in April 2020 Annual CPI inflation was 6.9% in April 2020 up from 6.1% in March 2020, according to Geostat. The rise in inflation apart from GEL depreciation was affected by temporary logistical constraints... learn more 4May
2020
Weekly market watch May 4, 2020 Real GDP shrinks 2.7% y/y in March 2020 Georgia’s economy contracted by 2.7% y/y in March 2020 after growing 2.2% y/y in previous month, according to Geostat’s rapid estimates. Real growth was recorded only in construction and... learn more 27Apr
2020
Weekly market watch April 27, 2020 Government’s GEL3.5bn anti-crisis plan and reopening timeline On 24 April 2020, Prime Minister Giorgi Gakharia presented an anti-crisis plan to respond to COVID-19 pandemic associated economic and social challenges. The plan includes a... learn more 21Apr
2020
Weekly market watch April 21 2020 Trade deficit down 7.3% y/y in March 2020 In March 2020, exports decreased by 21.5% y/y to US$ 251.9mn, imports fell by 13.4% y/y to US$ 655.0mn and the trade deficit narrowed by 7.3% y/y to US$ 403.1mn according to Geostat’s... learn more 13Apr
2020
Weekly market watch April 13 2020 International reserves down 2.2% y/y in March 2020 Gross international reserves declined by 2.2% y/y to US$ 3.4bn in March 2020, according to NBG. On a monthly basis, reserves were down 1.1%. The monthly decline in reserves was attributed to... learn more