Weekly Bulletin

1 Feb, 2021
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  • According to preliminary estimates, GDP drop accelerated to 7.9% YoY in December 2020, following a 7.7% YoY drop in November
  • Bank loans increased by 9.1% YoY to GEL 38.2bn by the end of December
  • Bank deposits increased by 21.7 % YoY to GEL 34.6bn as of December 2020
  • Producer Price Index (PPI) growth accelerated to 11.7% YoY in December 2020, up from 10.0% YoY in November 2020
  • The NBG sold USD 40mln on 27 January 2021
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