Monthly Economic and Financial Developments (MEFD) August 2026
Published: Monday September 28th, 2026
The domestic economy continued to expanded at a healthy pace in August, remaining above its expected medium-term potential. Alongside sustained foreign investment indicators, tourism expansion strengthened, given extended gains in the high value-added stopover segment and buoyant cruise sector activities. In price developments, average consumer price inflation firmed during the twelve months to June, compared to the same 2025 period, underpinned by increased cost pressures from imported fuel and other goods and services. Meanwhile, monetary developments in the review month revealed a reduction in banking sector liquidity, as the contraction in the Bahamian dollar deposit base outstripped the decline in domestic credit. Similarly, in line with seasonal patterns, external reserves decreased in August, attributed to net foreign currency outflows through both the private and public sectors.
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