KINGSTON-The Jamaican economy grew by 1.7 per cent during the last quarter of last year, representing the first growth in the gross domestic product (GDP) since 2007. And the country's economy is projected to grow by a further 0.5 to 1.5 per cent during the first quarter of 2012, with most sectors expected to show further expansion.
According to director general of the Planning Institute of Jamaica, Dr Gladstone Hutchinson, most industries recorded growth between October and December last year, with those producing goods recording 5.8 per cent growth, and the services industry an increase of 0.2 per cent.
(Caribbean360)
