Jamaica Inflation Runs at 7.9% Into the BOJ's September 28 Call

The August print holds above the Bank of Jamaica's 4 to 6% target band, with the next rate decision days away.

Jamaica's annual inflation rose to 7.9% in August, from 7.5% in July, according to the Statistical Institute of Jamaica, holding above the Bank of Jamaica's 4 to 6% target band. The central bank held its policy rate at 5.50% on August 19 and next decides on September 28.

Source: STATIN and the Bank of Jamaica.