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Georgia’s GDP Up 7.2% in June 2022

Georgia’s real Gross Domestic Product (GDP) increased by 7.2% year-over-year in June 2022, according to rapid estimates released by the National Statistics Office (Geostat) on July 29.

Geostat said growth was registered in transportation and storage; electricity, gas, steam, and air conditioning supply; information and communication; hotels and restaurants; and mining and quarrying.

A decline was registered in manufacturing, construction, and real estate activities.

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