The Statistical Institute of Jamaica (STATIN) reports that the Jamaican economy grew by 5.1 per cent in the July to September quarter of this year, compared with the same period last year.
STATIN says the expansion was driven by strong growth in goods producing industries, which grew by nearly 11 per cent, alongside a 3.3 per cent increase in the services sector.
The improved performance reflects continued recovery from the impact of Hurricane Beryl in July last year, with increased activity in sectors most affected, including agriculture, mining, utilities and tourism-related services.
Agriculture led the gains, expanding by more than 20 per cent, supported by favourable weather conditions and efforts by both government and the private sector to boost production.
Growth was also recorded in manufacturing, construction and mining, while most service industries posted increases, including transport, hotels, finance and wholesale and retail trade.
On a quarter-to-quarter basis, real economic output grew 1.1 per cent, marking the third consecutive quarter of growth for this year.
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