Economy
Posted: 2 months ago

PMC: Georgian Economic Climate has Worsened Rapidly

In the third quarter of 2019, Georgian economic climate has worsened rapidly.

In this period, Georgian economists assessed Georgia’s present economic situation negatively; Moreover, the assessment of present economic situation in this quarter has deteriorated compared to both the previous quarter (Q2) of 2019 and the same time last year (Q3 of 2018).
 

In the third quarter of 2019, Georgia’s economic situation in the next six months has also been assessed negatively by Georgian economists. In this quarter, expectations in six months has worsened compared to both, the second quarter of 2019 and the third quarter of 2018.

In addition, experts predict Georgia’s main economic indicators. In the third quarter of 2019, the main economic indicators are forecasted as follows: