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PIOJ confirms economic growth figure

Published:Wednesday | November 16, 2016 | 2:43 PM

The Planning Institute of Jamaica (PIOJ) has confirmed that the economy grew by an estimated 2.2 per cent for the July to September 2016 quarter.

It says the goods producing industry recorded an estimated growth of 6.7 per cent while the services industry grew by point eight per cent.

In the goods producing industry, agriculture, forestry and fishing; mining and quarrying; and construction had growth.

However, the manufacture industry was estimated to be flat.

Meanwhile, all components of the services industry were projected to have recorded growth, except for producers of government services.

That component was down by point two per cent.