Weekly Bulletin

7 Jun, 2021
  • According to preliminary estimates, real GDP growth in April 2021 significantly exceeded market expectations and stood at 44.8%. Accordingly, the average for the first four months was 8.1%
  • Annual inflation stood at 7.7% YoY in May 2021, 0.5 PP higher from the previous month
  • Throughout the week, the GEL gained against the USD resulting in even more appreciation of GEL REER mainly on the back of the weaker Turkish lira
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