Georgian GDP to increase by 6.5% in 2011

Read on the website Vestnik Kavkaza

Georgia's GDP is expected to increase by 6.5% in 2011, Prime Minister Nika Gilauri told a government session today, Trend reports.


Inflation is expected to be 8.5%. The inflation level in May was 14%, with a gradual reduction. The prime minister expressed hope that inflation would be low in December. Gilauri noted satisfaction with the macroeconomic indicators of 2011.