PIOJ Director General Dr. Wayne Henry - file photo
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Dr. Wayne Henry
Gross domestic product (GDP) for the finance and services industry is estimated to have grown in the July to September quarter.
Dr. Wayne Henry, Director General of the Planning Institute of Jamaica (PIOJ), said real value-added for the finance and services industry was estimated to have grown one per cent.
He said the performance was influenced by increased profitability at deposit-taking institutions, driven by a rise in debt fees and commissions.
This was supported by higher levels of employment and consumer confidence which drove increased demand for financial services.
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