According to the preliminary data, average economic growth for the first five months of the year stood at 8.8%, reads the statement, released by the National Bank of Georgia [NBG].

"This performance is largely supported by the enhanced productive capacity of the economy, which helps mitigate inflationary pressures stemming from excess aggregate demand.

Given the gradual normalization of fundamental factors alongside strong growth in the first five months, the NBG`s central scenario has revised the 2025 growth forecast upward, from 6.7% to 7.4%", - says NBG.