February GDP Growth 2.6% ? Preliminary Data

Georgia’s real GDP grew 2.6% year-on-year in February after 0.8% y/y growth in January, according to preliminary data released by the state statistics office, Geostat, on Wednesday.
 
Economy grew 1.7% y/y in the first two months of this year, according to Geostat.

The government expects 3% economic growth in 2016.

Georgia’s economy expanded by 2.8% in 2015, lower than 4.6% in 2014 and the weakest since 2009.