Economy reduced by 11.5% in January
Economy reduced by 11.5% in January

Georgian economy reduced by 11.5% year-on-year in January 2021. It is the preliminary estimations of the Georgian National Statistics Service (GeoStat).

The downfall is observed in construction, transport, warehousing, industry, accommodation, art, entertainment, recreation, real estate-related activities, energy, retail and wholesale trade, motor transport repairs.

Information, communications, finance, and insurance spheres increased.

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