Georgia' economic growth moderated in the second quarter, preliminary data from the statistical office showed on Thursday.
Gross domestic product advanced 7.3 percent year-on-year in the June quarter, slower than the 9.8 percent expansion in the March quarter.
The overall growth in the second quarter was driven by a 37.1 percent surge in information and communication, followed by education with an increase of 28.9 percent and a 16.0 percent growth seen in arts, entertainment, and recreation.
Meanwhile, agriculture, forestry, and fishing logged a 2.5 percent contraction, and the real value added in the utility sector fell by 7.0 percent.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.