Preliminary indicators suggest that the economy’s modest growth rate was sustained over the review period, buoyed by gains in tourism sector metrics and positive impulses from foreign investment-led construction activity, according to The Central Bank of The Bahamas' Economic and Financial Developments review for August published this week.
Source: Date: Updated: |
Thursday, October 4, 2018
Thursday, October 4, 2018
|
Preliminary indicators suggest that the economy’s modest growth rate was sustained over the review period, buoyed by gains in tourism sector metrics and positive impulses from foreign investment-led construction activity, according to The Central Bank of The Bahamas’ Economic and Financial Developments review for August published this week.
In terms of prices, the pass-through effects of elevated international oil prices contributed to an uptick in domestic energy costs during the month.
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