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Jamaica – Economy Contracted 7.1 Percent in The Fourth Quarter
Summary by New York Carib News
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Jamaica – Economy Contracted 7.1 Percent in The Fourth Quarter
Jamaica’s economy contracted by 7.1 percent in the fourth quarter of 2025, according to data released Monday by the Statistical Institute of Jamaica, as the effects of Hurricane Melissa disrupted activity across major sectors. The decline reflects a sharp downturn in both goods-producing and services industries, driven largely by widespread damage to infrastructure, agriculture, and tourism. While the contraction was slightly less severe than th…
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