New data GDP YoY (Oct)
11/29/2024
actual 11, previous 8.3
The event is the release of the Gross Domestic Product (GDP) Year-over-Year (YoY) for Georgia (GE) in October. The actual GDP YoY value reported is 11%, which is higher than the previous value of 8.3%. This indicates a significant increase in the country's economic performance compared to the previous period. The estimate was 6%, so the actual value exceeded expectations. The change in GDP YoY from the previous period is 2.7%, showing positive growth momentum. The event is categorized as having a low impact on the market, and the local currency affected is the Georgian Lari (GEL).This is not investment advice. Remember to verify the information provided here.
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