Economy / Jamaica
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Inflation Pressures May Linger
August 2008 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Inflation in Jamaica continues to rise at a rapid pace, reaching 26.2% y-o-y in July. While we expect price pressures to moderate due to the cooling of global food prices and the still-weak economy, inflation contamination and negative real interest rates pose upside risks to our 20.0% end-2008 and 12.0% end-2009 inflation forecasts.