Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Economy to contract 11-13 per cent Oct-Dec — PIOJ
Director General, Planning Institute of Jamaica (PIOJ), Wayne Henry. (Photo: Adrian Walker)
Latest News
November 25, 2025

Economy to contract 11-13 per cent Oct-Dec — PIOJ

KINGSTON, Jamaica — Reeling from the devastation brought on by the passage of Hurricane Melissa last month, the local economy is expected to register as much as a 13 per cent decline in gross domestic product (GDP) output during the last quarter of this year, according to preliminary estimates released by the Planning Institute of Jamaica (PIOJ).

Director General of the PIOJ Dr Wayne Henry, in sharing a grim short-term outlook, said at a quarterly press briefing Tuesday morning that the expectation is for there to be wholesale contractions across most of the island’s key industries such as agriculture and tourism. This, as the seven most affected parishes accounts for the bulk of domestic crop acreage and hotel room stocks.

“The extent of the damage from Hurricane Melissa is unprecedented and far reaching, affecting all industries and is therefore expected to result in increased unemployment, weakened demand and output.

“The economic contraction for October to December 2025, is primarily expected to be transmitted through the industries Agriculture, Accommodation and Food Services, Electricity, Construction, Information Communication Technologies (ICT) and Transport and Storage,” he said.

The preliminary economic projection for FY 2025/26 is also for there to be a contraction within the range of 3.0 per cent to 6.0 per cent. Hurricane Melissa which rattled the island on October 28 brought severe damage, loss of lives and over a trillion dollars’ worth of damage.

For the previous July to September quarter, the country saw GDP growth of 4.6 per cent after recovering from a low production base owing to the adverse impacts of other weather-related events such as Hurricane Beryl a year earlier. Based on the latest fallouts, the economy is not expected to return to some level of normalcy until October 2026.

“The Oct-Dec quarter is expected to be the worst seen since the April-June quarter of 2020 when the island was impacted by the COVID-19 pandemic. The frequency of weather-related and other shocks have continued to hinder the country’s ability to realise sustained economic growth,” Henry also said while indicating that it is highly likely that a recession could be in the making.

“Based on the projections outlined, the country should brace for a recession. However, our focus at the moment is on restoring livelihoods, protecting the vulnerable and trying to get things up and running from a humanitarian standpoint (providing food, shelter and clothing) as fast as we can,” he stated.

— Kellaray Miles

Tags:

GDP Hurricane Melissa PIOJ
{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Johan-Remaldo Smythe ready to put Holland High on the map
Latest News, Sports
Johan-Remaldo Smythe ready to put Holland High on the map
January 11, 2026
Johan-Ramaldo Smythe showed that he is ready for all comers this season by smashing the Class One 100m record at the Purewater/RDanny Williams/JC Deve...
{"jamaica-observer":"Jamaica Observer"}
Trump admin sends more agents to Minneapolis despite furor over woman’s killing
International News, Latest News
Trump admin sends more agents to Minneapolis despite furor over woman’s killing
January 11, 2026
MINNEAPOLIS, United States (AFP)—US Homeland Security Secretary Kristi Noem said Sunday that hundreds more federal agents were heading to Minneapolis,...
{"jamaica-observer":"Jamaica Observer"}
St Catherine taxi operator charged with murder
Latest News, News
St Catherine taxi operator charged with murder
January 11, 2026
St CATHERINE, Jamaica – A St Catherine taxi operator has been charged with murder following the stabbing death of a man in Portmore, St Catherine on J...
{"jamaica-observer":"Jamaica Observer"}
American woman among two charged following St Mary firearm seizure
Latest News, News
American woman among two charged following St Mary firearm seizure
January 11, 2026
ST MARY, Jamaica–An American sterile surgical technician is among two charged with possession of a prohibited weapon and unauthorised possession of am...
{"jamaica-observer":"Jamaica Observer"}
Man United knocked out of FA Cup by Brighton, Martinelli hits hat-trick for Arsenal
International News, Latest News
Man United knocked out of FA Cup by Brighton, Martinelli hits hat-trick for Arsenal
January 11, 2026
MANCHESTER, United Kingdom (AFP)—Manchester United crashed out of the FA Cup with a meek 2-1 home defeat to Brighton on Sunday as Gabriel Martinelli's...
{"jamaica-observer":"Jamaica Observer"}
Barca edge Real Madrid in thrilling Spanish Super Cup final
International News, Latest News
Barca edge Real Madrid in thrilling Spanish Super Cup final
January 11, 2026
JEDDAH, Saudi Arabia (AFP)—Barcelona retained the Spanish Super Cup with a thrilling 3-2 Clasico win over Real Madrid in Saudi Arabia on Sunday. Raphi...
{"jamaica-observer":"Jamaica Observer"}
Over 3,400 candidates with varying disabilities sat CXC examinations in 2025
Latest News, News
Over 3,400 candidates with varying disabilities sat CXC examinations in 2025
January 11, 2026
KINGSTON, Jamaica—A total of 3,444 special needs students across the Caribbean, the majority of whom were visually-impaired, sat examinations administ...
{"jamaica-observer":"Jamaica Observer"}
Shanoya Douglas tastes rare defeat at hand of Trinidadian Alexxe Henry
Latest News, Sports
Shanoya Douglas tastes rare defeat at hand of Trinidadian Alexxe Henry
January 11, 2026
KINGSTON, Jamaica— Jamaica’s rising star Shanoya Douglas was beaten into second place in the Class One 100m at the PureWater/RDanny Williams/JC develo...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct