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October GDP Growth 3.5% – Preliminary Data

Georgia’s real GDP grew 3.5% year-on-year in October, after 4.1% growth in August, according to preliminary data released by state statistics office on December 1.

Economic growth in the first ten months of this year was 5.6% y/y, according to Geostat.

Government’s forecast for GDP growth in 2014 stands at 5% and it projects the same figure for next year.

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