Economy

Data released by the central bank paint a bleak picture of the external sector. In H105, exports totalled just US$0.25bn, 7.0% less than the same figure for 2004. Imports, meanwhile,... 2006-01-23

Inflation continued its upward spiral in October, climbing 4.4% m-o-m. This pushed annual inflation up to 18.6% y-o-y compared with October 2004, when CPI was 12.3%. However, this... 2006-01-23

The Dominican Republic’s economy looks to have ended 2005 on an upbeat note, with preliminary readings suggesting that real GDP growth may have been as high as 12.0% y-o-y in H205.... 2006-01-19

It was another disappointing year for Puerto Rico in 2005. The previous year’s gubernatorial elections left politics split down the middle, with Anibal Acevedo Vilá of the Popular... 2006-01-19

The Jamaican economy has shown fairly anaemic levels of growth over the past few years, with real GDP growth in 2004 registering a dismal 0.9% y-o-y. In 2005, we expect the economy... 2006-01-19

In early January, as Guyana endured significant amounts of flooding exactly a year after floods devastated many of its crops, the CSME came into existence after 16 years of preparation.... 2006-01-19

Lower tourism receipts combined with import growth has pushed the current account well into deficit – at US$192.9mn – after nine months of 2005. Tourism value-added declined by... 2005-12-12

Consumer prices rose by 6.8% y-o-y in October, bringing the year-to-date figure to 5.4% after 10 months. As a result, the central bank raised the ‘Repo’ rate by 25 basis points... 2005-12-12

The Jamaican dollar, which normally trades steadily under a managed float, has weakened sharply since mid-2005. The unit traded around JMD61.00/US$ during H1, but hit a low of JMD63.95/US$... 2005-12-12

The consumer price index increased by 1.1% m-o-m in October, indicating a deceleration in inflation after September’s 3.26% m-o-m upturn, which was largely caused by rising world... 2005-12-12