The value of imports from the CARICOM region fell by 8 per cent between January to May 2024.
The Statistical Institute of Jamaica says spending on goods coming into the country from the region, was valued at US$165.3 million.
For the similar five month period last year, these imports were valued at US$179.7 million.
This was due mainly to a decline in the value of "Food" and "Mineral Fuels" imports from CARICOM.
Expenditure on "Food" imports from the region was worth US$77.7 million, versus US$79.1 million for the corresponding period last year.
"Mineral Fuels" coming in from the bloc was valued at US$27.1 million, a decrease of US$12.5 million when compared to what was spent in January to May 2023.
comments powered by Disqus