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Government of Jamaica


Speaking Notes: Review of Economic Performance, January–March 2024

The Planning Institute of Jamaica’s Review of Economic Performance, January–March 2024
Media Brief, May 28, 2024

1. Overview – Current Economic Context

Before I provide the details on economic performance, let me remind you of the purpose of these quarterly economic estimates provided by the PIOJ. The PIOJ presents preliminary estimates on economic performance for each quarter.  This is based on early information available from the major data providers.

This release of the preliminary estimate is consistent with trends in all modern economies globally, where it is the common practice to release a 1st, 2nd and even a 3rd preliminary estimate, before the final official figures are released. The PIOJ releases the preliminary growth estimate approximately six weeks following the end of the quarter being reviewed. READ MORE