The Statistical Institute of Jamaica (STATIN) is reporting that the economy grew by 4.8 per cent over the April to June 2022 quarter, compared to the corresponding period in 2021.
This was attributed to a 7.2 per cent increase in the Services Industries, despite a two per cent decline in the Goods Producing Industries.
The details were provided by STATIN’s Director General, Carol Coy, during the Institute’s virtual quarterly media briefing on Tuesday (October 18).
Coy said the second calendar year quarter out-turn was influenced by the revocation of the Disaster Risk Management Order, the expiration of the COVID-19 pretest requirement for travel to Jamaica, and the entertainment sector’s reopening.
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