The Jamaican economy grew by 1.4 % in the first quarter of 2018 when compared to the similar quarter of 2017. This was as a result of improved performance in both the Goods Producing (2.8 %) and the Services (0.9 %) industries.
Higher levels of output were recorded for all Goods Producing industries: Agriculture, Forestry & Fishing (0.6 %), Mining & Quarrying (25.9 %), Manufacturing (0.8 %) and Construction (1.1 %).
All eight Services industries recorded growth: Electricity & Water (1.0 %); Wholesale & Retail Trade; Repairs; Installation of Machinery & Equipment (0.5 %); Hotels & Restaurants (1.9 %); Transport, Storage & Communication (1.4 %); Finance & Insurance Services (1.2 % ); Real Estate, Renting & Business Activities (0.8 %); the Producers of Government Services (0.1 %) and Other Services (1.3 %).
The economy grew by 0.9 per cent in the fiscal year 2017/2018 compared to fiscal year 2016/2017.
For more details, visit: http://wups.statinja.gov.jm/WUP/20180706_GDPA_26ea4b71-b2f3-4b6e-ae80-ecea12ded574.pdf?v=1531754545546