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Georgia’s GDP Up 10.5% in August 2022

Georgia’s real Gross Domestic Product (GDP) increased by 10.5% year-over-year in August 2022, according to rapid estimates released by the National Statistics Office (Geostat) on 30 September.

Geostat said growth was registered in transportation and storage; construction; information and communication; hotels and restaurants; and trade.

Meanwhile, a decline was registered in manufacturing and real estate activities.

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