Central Bank of Jamaica - Annual Report 2005

According to the Central Bank of Jamaica's Annual Report 2005, the generally stable conditions that prevailed in 2004 were mirrored in the first half of 2005.

"However, the economy was adversely affected by three hurricanes and steeper international oil prices in the second half of the year. Although these shocks resulted in a less favourable economic outturn than anticipated, there was an improvement in the major macroeconomic targets relative to 2004. Headline inflation moderated during the

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