Economic Highlights 2017-09-16T16:03:33+00:00

1310, 2017

Gas Price Movement October 13, 2017

 Brent Oil Brent oil prices rose by 0.81% (US$0.45), as prices declined this week. Oil traded on October 12, 2017 at a price of 56.25 (US$/ barrel) and began the year at US$56.90 per barrel.

910, 2017

Net International Reserves – September 2017

Jamaica’s Net International Reserves totaled US$3,137.14 million as at September 2017, reflecting a decrease of US$532.23 million relative to the US$3,669.37 million reported as at the end of August 2017 (see figure 1). Changes in

610, 2017

U.S. unemployment rate declines to 4.2% for September 2017

The Bureau of Labor Statistics released its Employment Situation Summary earlier today which highlighted the unemployment rate fell to 4.2% for September. Total nonfarm payroll employment reflected a decline of 33,000. The passing of Hurricanes

510, 2017

International Merchandise Trade January – July 2017

During the period January to July 2017 the trade deficit worsened to US$2,376.7 million, increasing by US$383.2 million or 19.2% relative to US$1,993.5 million for the corresponding period in 2016 based on data released by

510, 2017

Gas Price Movement October 5, 2017

Brent Oil Brent oil prices fell by 2.80% (US$1.61), as prices declined this week. Oil traded on October 4, 2017 at a price of 55.80 (US$/ barrel) and began the year at US$56.90 per barrel.

410, 2017

Government Operations Results for August 2017

For the period of April 2017 to August 2017, the GOJ reported Total Revenues & Grants of $213.07 billion, $14.62 billion more than the government’s projection. Furthermore, year over year, this represents an increase of

2909, 2017

Gas Price Movement September 29, 2017

Brent Oil Brent oil prices increased by 1.99%, as prices increased this week. Oil traded on September 28, 2017 at a price of 57.41 (US$/ barrel).Brent oil price opened the year at 56.90(US$/ barrel). Petrojam

2109, 2017

Gas Price Movement September 21, 2017

Brent Oil Brent oil prices increased by 2.05%, as prices increased this week. Oil traded on September 21, 2017 at a price of 56.29 (US$/ barrel). Petrojam prices 87 Octane prices declined week over week,

Net International Reserves

Unemployment Rate

Monthly Inflation Rate

Gross Domestic Product (GDP)

Central Government Operations

J$ Millions Provisional Apr – Aug 2017 Budget Apr – Aug 2017
Revenue & Grants 213,066.2 198,441.5
Fiscal Balance (Surplus +/ Deficit -) -5,837.4 -27,356.2
Primary Balance (Surplus +/ Deficit -) 52,047.8 32,540.3