1.6% Growth for First Quarter In Jamaica

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Jamaica recorded an estimated growth of 1.6 per cent between January and March 2014, relative to the corresponding period of 2013.

The sectors of agriculture and mining and quarrying recorded the highest growth during the period.

Agriculture, Forestry and Fisheries registered the largest increase of 18.0 per cent, followed by Mining and Quarrying, which was up by 8.0 per cent and Construction, up 0.5 per cent.

For the Services sector, growth was recorded for all entities, except for Producers of Government Services, which went down by 0.2 per cent.

The transport, storage and communication sector grew by 0.5 per cent; electricity and water grew by 0.4 per cent; wholesale and retail trade, 0.2 per cent; finance and insurance services, 0.3 per cent; real estate, renting and business services, 0.3 per cent; hotels and restaurants, 0.4 per cent; and other services, 0.5 per cent.
 

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