You're reading: Georgian GDP to grow 6.7%, prices up to 6% in 2012

TBILISI - Georgia's GDP could grow 6.7% this year, the National Bank said in a report.

Industry, trade and construction will drive the growth, and final
consumption will make a significant contribution, the bank said.

Inflation will be up to 6%, as targeted. The bank said no changes
were expected in regulated prices or the nominal exchange rate.

The government in May raised its 2012 GDP growth forecast from 5% to 6%, and said it expected inflation of up to 6%.

GDP growth accelerated to 7% in 2011, from 6.3% in 2010, and inflation slowed to 2% from 11.2%.