MEFD November 2005

Published: Tuesday January 3rd, 2006

Initial data suggests that economic activity during November was buttressed by continued robust construction activity and heightened consumer demand. For the year through September, tourist arrivals moderated as the sector continues to recover from the negative effects of past hurricanes. The surge in credit demand and the rise in international oil prices during the January to November period fuelled growth in imports, leading to a falloff in external reserve levels. 

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