Jamaica

Jamaica Keeps Inflation In Target Range

According to the Statistical Institute of Jamaica, the country’s annual inflation as at September was 5.9 percent.

This is the second time since this year, that point-to-point inflation has fallen within the Bank of Jamaica’s 4 to 6 percent target range.

Director General of the Statistical Institute of Jamaica Carol Coy says the results were linked mainly to the performance of the Food and Non-Alcoholic beverages division. 

Meanwhile, the unemployment rate was 4.5 percent in July.

This was 2.1 percentage points lower than the 6.6 per cent in July 2022.

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Readers Bureau, Contributor

 Edited by Jesus Chan

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