NEWS
Provided by Caribbean Business News
Inflation at 9%
The island's inflation up to the end of September stood at 8.7%. This means that if the rate of inflation continues at this pace then it will close the year at just under 12%, the first double-digit rate since the 15.8% posted in 1996.
Remittance inflows up 13%
Remittance inflows are up 13% over last year. For the 8-month period up o the end of August, total remittance inflows to Jamaica stood at US$860 million. This is up 13% over the US$762 million remitted in the same period last year.
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