Georgia’s economy expanded 7.5% y/y in May 2018, after growing 6.5% y/y in previous month, according to GeoStat’s rapid estimates. Fastest growing sectors were transport, manufacturing, trade, financial intermediation, and hotels and restaurants in May. Overall, in 5M18 real GDP growth was 6.1% y/y. Monthly rapid estimates are based on VAT turnover, fiscal and monetary statistics.
Source: G&T