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 ReleaseSummaryDate ReleasedDate Removed
GDPThe Jamaican economy grew by 1.8 per cent in the second quarter of 2014 when compared to the similar quarter of 2013. This performance reflected an improvement of 6.3 per cent in output in the Goods Producing industries and a 0.5 per cent increase in the Services industries. When compared to the first quarter of 2014, the economy improved by 1.4 per cent.9/30/201412/31/2014
CPIThe All Jamaica ‘All Divisions’ Consumer Price Index for September 2014 was 225.9. This represented an inflation rate of 2.1 per cent, when compared to the index of 221.3 for August 2014. This upward movement of 2.1 per cent was the highest monthly change recorded since September 2013. The division ‘Transport’ recorded the highest movement of 4.0 per cent, mainly as a result of an increase in the cost of bus fares in the Greater Kingston Metropolitan Area. This was followed by the division ‘Education’, which rose by 3.9 per cent, due to a rise in the cost of tuition fees at the beginning of the new school year. The highest weighted division, ‘Food and Non-Alcoholic Beverages’ recorded an upward movement of 2.9 per cent. This was mainly attributable to the lingering impact of drought conditions island-wide, which resulted in a shortage in supply of some agricultural produce and consequently higher prices.10/15/201411/17/2014
PPIThe Producer Price Index of 145.4 was recorded for the Mining & Quarrying industry for September 2014. This represented a 0.2 per cent increase over the previous month. The index recorded for the Manufacturing industry for the month being reviewed was 173.0. This indicated a negative 0.4 per cent movement for the industry when compared to the previous month August. The major group mainly influencing the industry’s movement was ‘Refined Petroleum Products’, declining by 3.0 per cent. The Industry’s index was tempered by the 0.1 per cent upward movement in ‘Food, Beverages & Tobacco’ and 2.3 per cent increase in the major group ‘Other Manufacturing n.e.c’.10/30/201411/27/2014
TradeJamaica’s expenditure on merchandise imports during January to July 2014 was valued at US$3,465.2 million, decreasing by 2.4 per cent or US$86.4 million when compared to the US$3,551.5 million recorded in the similar 2013 period. Earnings from total exports for the 2014 review period amounted to US$851.9 million, a decline of 12.9 per cent or US$126.7 million relative to the US$978.6 million in the similar 2013 period. During the first seven Months of 2014 the Merchandise trade deficit was US$2,613.3 million compared to US$2,573.0 million in the comparable period for 2013.10/31/201411/28/2014

Last Updated: July 18, 2014
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