February 28, 2020 / 1:02 PM / a month ago

Georgian economy grows at annual 5.1% rate in January

TBILISI, Feb 28 (Reuters) - Georgia’s economy expanded 5.1% year-on-year in January, up from 3.5% a year ago 2019 and 3.8% in December, preliminary data showed on Friday.

The economy expanded 5.2% in 2019, up from 4.8% in 2018. This year, the government expects it to expand 4.5%.

The fastest growth was registered in construction, real estate, trade, transport, repair of cars and motorbikes, communications, electricity and natural gas supply and processing industry. Metallurgy declined.

Reporting by Margarita Antidze; editing by Larry King

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