07 Feb

January 2017 Economic Review

Executive Summary

Macroeconomic stability has become entrenched. Inflation and the current account deficit are at historical lows, and international reserves have more than doubled. Access to domestic and international financial markets has been restored, buoyed by upgrades in credit ratings and alltime-high business confidence indicators. The recent reopening of the 2039 global bond at 6.75 percent—a historically low yield—reflects Jamaica’s restored credibility in international markets. Supremacy Economic Report is a monthly publication that covers key domestic and international macro-economic variables. We intend to provide insight into the main drivers of the metrics as well as the potential impact on the Jamaican economy overall.

Economic Report January 2017

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