Aleqsandre Bluashvili, Head of the Macro-Financial Analysis Division at TBC Capital, predicts the inflation rate in Georgia.
"Total inflation has been at 3.8% for the last 3 months and we do not have change in terms of annual inflation as well. According to our initial forecast, inflation should have been around 3.5% late this year, but it is expected to be slightly higher than 4% in December. However, this dynamic will continue in the first quarter," Alexander Bluashvili told TV-Program Business Morning.
According to Bluashvili, the GDP decline in 2021 will be around 5.4%.
