July 1, 2014 The Jamaican economy grew by 1.6 per cent in the first quarter of 2014 when compared to the similar quarter of 2013. This performance resulted from increased output levels in both the Goods Producing industries of 5.5 per cent and Services industries of 0.3 per cent. For
17 August 2015 Bank of Jamaica Reduces Benchmark Interest Rate Bank of Jamaica announces that with effect from 18 August 2015, the rate offered on its benchmark 30-day Certificate of Deposit will be reduced to 5.25 per cent from 5.50 per cent. Macroeconomic vulnerabilities continue to be reduced in
July 15, 2015 The all Jamaica ‘All Divisions’ Consumer Price Index for June 2015 was 225.3. This represented an inflation rate of 0.5 per cent when the index for June is compared to May 2015. The index for the heaviest weighted division, ‘Food and Non-Alcoholic Beverages’ moved upward by 0.4
Tax Administration Jamaica (TAJ) wishes to advise the public that they continue to experience a shortage of Private Motor Vehicle Licence Plates at its offices across the island, as they have not received the expected delivery from the local supplier. The local supplier has advised that that there is a
The Statistical Institute of Jamaica (Statin) reports that January 2015 the All Jamaica ‘All Divisions’ Consumer Price Index was 223.0 indicating a fall of 0.5 per cent. This is the third consecutive monthly decline in the inflation rate for Jamaica. This downward movement in inflation was mainly attributable to a
The Statistical Institute of Jamaica (Statin) reveals that as at November 2014 the All Jamaica ‘All Divisions’ Consumer Price Index was 224.9 indicating a fall of 0.5 per cent over the October 2014 index of 226.1. This movement represents the lowest inflation rate since the start of the 2014 calendar
Drought conditions during the months of June and July severely impacted agricultural production which weakened the overall performance of the economy for the July to September period. Real GDP was estimated to have contracted by 0.8 per cent, due to a decline in the Goods-Producing Industry, down 5.5 per cent,
For July - September 2014, real GDP is estimated to have contracted by 0.8% relative to July - September 2013. Real value added in the Goods-producing industries declined by 5.5% Real value added for the Services industries grew by 0.6% Press-Conference-v19n2-website
Despite significant economic shocks over the past two years, inflation remains in single-digit territory, and has trended down between September last year and the end of the review quarter. Headline inflation stood at 8.0 per cent at the end of June 2014, down from 8.8 per cent at the same
