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Economic Highlights 2021-10-12T11:08:45-05:00

Economic Statistics​

3108, 2017

Gas Price Movement August 31, 2017

Brent Oil Brent oil prices declined by 3.25%, as prices increased this week. Oil traded on August 30, 2017 at a price of 50.86 (US$/ barrel). Petrojam prices 87 Octane prices declined week over week,

2908, 2017

Producer Price Index: June 2017

The Producer Price Index for both the “Mining and Quarrying” and “Manufacturing” industries improved 1% and 0.1% respectively for the month of June 2017. The growth was attributed to the heaviest weighted group ‘Food, Beverages

2408, 2017

Bank of Jamaica Reduces Policy Interest Rate

Bank of Jamaica announces that, with effect from 25 August 2017, the rate offered on overnight placements with the Bank, the policy interest rate, will be reduced to 3.50 per cent from 3.75 per cent.

2408, 2017

Gas Price Movement August 24,2017

Brent Oil Brent oil prices increased by 4.58%, as prices increased this week. Oil traded on August 23, 2017 at a price of 52.57 (US$/ barrel). Petrojam prices 87 Octane prices declined week over week,

Net International Reserves



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Unemployment Rate


Monthly Inflation Rate


Gross Domestic Product (GDP)


Central Government Operations

J$ Millions Provisional –Apr-Dec 2019 Budget – Apr-Dec 2019
Revenue & Grants 519,008.10 516,842.80
Fiscal Balance (Surplus +/ Deficit -) 12,267.00 4,880.80
Primary Balance (Surplus +/ Deficit -) 117,918.60 112,654.40