Jamaica
Economy
BMI View: Jamaica's foreign reserves fell to US$2.82bn in December 2011, representing a decline of 5.3% y-o-y. Given the volatility of the country's external account dynamics, we...
2012-02-07Economy
In mid-January, Police Commissioner Owen Ellington announced that the Jamaica Constabulary Force is aiming to cut the murder rate by two thirds by 2030, (bringing it to 12 out of every...
2012-02-07Economy
Nearly fifty years after independence, Portia Simpson Miller, a populist who won a landslide election victory in December 2011, proclaimed that Jamaica was to become a republic and...
2012-01-06Economy
After peaking at 8.0% y-o-y in September, inflation came down to 7.1% y-o-y in November in Jamaica. The slowdown in inflation growth occurred on the back of declining inflation of food...
2012-01-06Economy
BMI View: The election of a new government in Jamaica's December 29 snap parliamentary poll does not change our bearish view of the country's economic outlook. The new government...
2012-01-03Economy
We maintain our downbeat outlook for Jamaica's political stability as the government has failed to significantly stave off crime. Even though the murder rate per 100,000 inhabitants...
2011-11-29Economy
Consumer price inflation in Jamaica ticked up to 8.0% y-o-y in September, up from 7.8% y-o-y the previous month. This reading is broadly in line with our end-2011 inflation forecast...
2011-11-29Economy
BMI View: We forecast Jamaica's current account deficit to widen in 2012 as export growth slows on the back of falling sugar prices and weak demand for Jamaican bauxite and alumina....
2011-11-29Economy
Ex-Prime Minister Bruce Golding's early resignation in favour of education minister Andrew Holness has seen a much-needed boost to the Jamaica Labour Party (JLP)'s popularity. According...
2011-11-01Economy
Remittances rose in August to US$174mn, up from US$171mn in July, posting 11% y-o-y growth. This brings the year-to-date total remittances up to US$1.3bn, a significant improvement...
2011-11-01



