Inflation slips in April as electricity costs ease
Falling electricity rates pushed Jamaica’s inflation rate back into negative territory in April, offering consumers some relief from rising food and fuel costs and strengthening expectations that inflation could remain within the Bank of Jamaica’s target range in the near term. Data released Friday by the Statistical Institute of Jamaica (STATIN) showed that the All Jamaica Consumer Price Index declined 0.3 per cent in April, reversing the 0.3 per cent...
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