Director General of the Statistical Institute of Jamaica (STATIN), Carol Coy says, the country’s Gross Domestic Product (GDP), has been negatively impacted by the spread of the coronavirus, in the first quarter of 2021.
Over the period the country’s gross domestic product (GDP) or earnings declined by 6.7 percent in value-added in comparison to the same period last year.
The Institute says there however has been a reduction in the rate of decline with 6.7 percent being the lowest fall since the second quarter of 2020.
The data comes shortly after the Statistical Institute of Jamaica (STATIN) says, imports and exports dipped locally as the pandemic rages on.
Coy made her report during the quarterly media briefing on July 15,
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