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Jamaica: All major indices point to positive economic growth in 2011

Friday, February 24, 2012

For the month of January 2012, bauxite production declined by 1.1 percent, reflecting the combined effect of a 9.4 percent decrease in aluminium production and a 3.7 percent growth in crude bauxite production.

During the same period, electricity generation and sales decreased by 1.2 percent and 5.9 percent, respectively, Dr Hutchinson said. The decline in electricity sales to residential customers reflected increased efforts at conservation by those consumers, he added.

For January, airport arrivals decreased by 3 percent, but cruise passenger arrivals increased by 74.1 percent, he said.

The PIOJ is projecting growth in the range of 0.5 to 1.5 percent for the period January to March.

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