Jamaica recorded largest quarterly economic decline since COVID-19 pandemic in October to December period last year

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

NRSC urges faster reforms as road deaths threaten Jamaica’s working-age population

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

Man mobbed to death in Linstead, St. Catherine

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

Tufton says Cornwall Regional Hospital nears full operation within 1-2 weeks

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

South West St. Ann MP Zavia Mayne says new Alexandria Market will revive economic activity in area

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

NWC to adjust accounts for customers billed without water before and after Hurricane Melissa

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

Young Jamaicans urged to harness creativity for economic growth and business success

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

Seven children killed in road crashes since start of the year; Road Safety Council expresses concern

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

Many commuters left stranded after taxi operators withdraw service over poor state of Brokenhurst main road in Manchester

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More

New mobile application designed to strengthen oversight and accountability in mining sector launched yesterday

Jamaica recorded its largest quarterly economic decline since the COVID-19 pandemic in the October to December period last year.

There was a 7.5% contraction compared to the corresponding period in 2024.

The data was presented by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, during the PIOJ quarterly review of the economy this morning.

Dr. Henry noted that although this represents the largest decline in recent years, the outcome was still better than earlier projections, which had anticipated a sharper contraction in the economy.

He said there was a better than initially anticipated outturn of some industries, partially reflecting the resilience and industriousness of businesses and individuals in rebuilding following the shock.

Read More