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Update: CEOs not so great at forecasting inflation, say BOJ researchers

Business leaders are unsurprisingly imperfect at forecasting inflation, according to Bank of Jamaica researchers, who want inflation expectation surveys augmented with market data to improve predictability. A new BOJ working paper proposes to use...
Cardel Wright Uluc Aysun Statistical Institute Of Jamaica Jamaican Stock Exchange Department Of Economics University Of Central Florida

Inflation Decreasing

By: Lisa Rowe     #Jamaica, April 6, 2023 – The Central Bank is reporting that Jamaicaโ€™s inflation rate is decreasing.ย  Data from the Statistical Institute of Jamaica (STATIN) show that the rate, which peaked at 11.8 per cent in April 2022, fell to 7.8 per cent in February 2023. Speaking during a Jamaica Information […]
Robert Stennett Wayne Robinson Lisa Rowe Central Bank Economic Programming Division Statistical Institute Of Jamaica

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