Latest Economic News

IAJ President – Peter Levy- Motor Uninsured
Managing Director BCIC- Speaks on the amount of uninsured motor vehicle on the road in Jamaica and the dangers it creates for the insured driver.

IAJ President – Peter Levy- General Uninsured
Managing Director BCIC- Speaks on the amount of the uninsured population in Jamaica.

Past Statistics:

Life Insurance (2016-2017)
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General Insurance (2014-2015)
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Claims Payout (2012-2013)
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General Insurance (2014-2015)
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Statistics on The Economy.

Review of Economic Performance
October – December 2018.

The PIOJ presents preliminary estimates on economic performance for each quarter, approximately 6 weeks following the end of the quarter being reviewed. This is based on preliminary information available from the major data providers.

This release of the preliminary estimate is consistent with developments in all modern economies globally, where it is the common practice to release a 1st, 2nd and even a 3rd preliminary estimate before the final official figure is released. Learn More >

Current Statistics

GOVERNMENT FISCAL MONITORING

GROSS DOMESTIC PRODUCT

BOJ RATE POLICY

JAMAICA ECONOMIC DATA

1507, 2021

NCB stock trades hit $13.8b as Hylton and deputy surrender shares

Some $13.8 billion worth of NCB Financial Group shares traded on Monday, coinciding with top executives surrendering shares at the banking conglomerate.

It was the largest traded volume of NCBFG shares in over two years on the Jamaican stock market. NCB

1507, 2021

Rum maker JWN investing in fertiliser plant

Leading spirits company J.Wray & Nephew Limited, JWN, is investing US$25 million to set up a fertiliser plant that will utilise the dunder waste generated from its rum operation as feedstock.

The company plans to sell the fertiliser to local farmers,

1507, 2021

Powell says inflation, though elevated, will likely moderate

United States Federal Reserve Chair Jerome Powell suggested on Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating”.

At the same time, Powell signalled no imminent change in the Fed’s

1407, 2021

Minimum business tax could derail some Caribbean economies, says Bloomberg

Blo omberg , in one of its latest reports, titled, Caribbean Tax Havens Fret They’re at Risk from Global Crackdown, suggests that the global minimum tax, a new corporate tax regime under discussion among G20 countries, has the potential to