Weekly Bulletin

21 Sep, 2020
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  • Q2 2020 GDP growth came in at -12.3%
  • Decline in exports of goods moderated in August to -7.5% YoY while imports dropped by -19.3% YoY over the same period
  • Remittance inflows were up by +25.8% YoY in August 2020
  • The average wage of hired employees displayed a -2.5% YoY decrease in 2Q 2020 amounting GEL 1,150.1
  • The NBG kept refinance rate unchanged at 8.0%
  • NBG sold USD 40mln on September 16th 2020
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