Monetary Policy Outlook

The Bank of Jamaica's latest short term Economic Outlook and Monetary Policy Perspectives are as follows :



  Outturn for FY2010/2011 Targets for FY2011/2012
Inflation (%) 7.8 6.0 - 8.0
NIR (US$MN) 2548.8 (1) 2000.1
Base Money Growth (%) 2.1 8.5 - 9.5
GDP (12-mth change) (%) -1.0 - 0.0* 1.0 - 2.0

(1) - Based on cross rates in IMF/SBA
* - BOJ's projection
TBA - To Be Announced


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