Tag: inflation

Inflation (Actually, Deflation) Continues Into April

We are now 4 months into the new year and we have yet to experience one month of inflation. Four consecutive months of deflation has left us with a year to date Inflation figure of -0.6% (or deflation of 0.6%).

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Economy Update: End of April 2016

April 2016’s instalment of diGJamaica’s monthly Economy Update is here. Interesting takeaways include: Jamaica experiencing a period of deflation (decreasing of price levels), as the YTD inflation rate is-1.3% up to March 2016 The continued depreciation of the Jamaican dollar

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Economy Update: End of February 2016

Above is diGJamaica’s Economy Update for February 2016, showing the performance of key economic indicators and the percentage change compared to 12 months ago. For the percentage change comparison, green boxes or text indicate that the category’s value has improved since last

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Year In Review: Inflation Rate

For the year, the general movement of prices included two months of deflation followed by 10 months of inflation. In these 10 months, inflation persisted at low levels, with no individual month reaching 1% inflation or higher. The months July and

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Economy Update: End of October 2015

    Above, is the October instalment of our monthly Economy Updates. Noteworthy stories include the Main Index of the JSE showing continued growth and reports that unemployment is at a three year low. For more information on Jamaica’s economic performance, check

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Economy Update: Why Is Inflation At A Record Low?

BOJ Governor, Brian Wynter, announced that the 12 month period ending July 2015 showed inflation at 3.8 percent, a 43 year low. What led to such comparatively low levels of inflation? Let’s take a deeper look into the movement of the

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Does J-A-M-A-I-C-A Spell M-I-S-E-R-Y?

The Cato Institute has again released its annual Misery Index, and this year, Jamaica is ranked ninth amongst the 108 countries surveyed. But in that, we already have a spark of joy, as the country was ranked fifth on the 2013

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6 Things You Need To Know Today – January 23, 2015

Buy Your Own Oil – Put Up Or Shut Up, PCJ Tells Private Sector. Christopher Cargill, chairman of Petroleum Corporation of Jamaica, yesterday challenged the private sector to put up or shut up, if it is dissatisfied with the way the

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Jamaica Records Two Consecutive Months of Deflation

The plunge in world oil prices has had a positive effect on one aspect of the Jamaican economy: lower rates of inflation.  For the second consecutive month, falling gas prices have brought about deflation in Jamaica’s economy with a rate

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6 Things You Need To Know Today – November 7, 2014

Probe NHT Purchase – Private-Sector Groups Want OCG, AG Offices To Examine Outameni Acquisition. With local private-sector interests yesterday calling for an investigation into the National Housing Trust’s (NHT) contro-versial purchase of Outameni Tours and Entertainment Projects, The Gleaner has obtained

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