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4.0 Real Economy 4.1 Industrial production
Industrial production rises 12.2% y/y in 4Q19
Georgia’s industrial production increased 12.2% y/y in the fourth quarter of 2019, easing from a 16.9% y/y rise in the third quarter, according to the National Statistics Office of Georgia.
Production expanded at a slower pace for manufacturing ( 11.2% in 4Q19 from 20.5% in 3Q19) and water supply and sewerage production (9.6% in 4Q from 10.9% in 3Q). Meanwhile, output rose sharply for mining and quarrying production (37.8% in 4Q from 8.3% in 3Q) and electricity, gas, steam and air conditioning supply (7% in 4Q from 0.7% in 3Q).
13 GEORGIA Country Report April 2020 www.intellinews.com