Producers paid more for manufacturing inputs in April

Producers in the manufacturing industry paid more for inputs in the month of April.
The Statistical Institute of Jamaica (STATIN) says the cost to produce outputs rose by 2.8 per cent for the 12 months to April.
This increase was primarily driven by an 8.1 per cent surge in prices linked to the inputs for 'Food, Beverages and Tobacco'.
But the industry's growth was tempered by a decline of 15.1 per cent in prices for 'Refined Petroleum Products'.
For the month of April alone, STATIN says prices for producers within the manufacturing industry increased by a 0.3 per cent.

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