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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.