JAMAICA-ECONOMY-Jamaica's economy grew by over two per cent during second quarter of 2023.

The Statistical Institute of Jamaica's (STATIN) Wednesday said the country's economy grew by 2.3 per cent during the second quarter of this year, when compared to the corresponding period in 2022.

STATIN's Director General, Carol Coy, speaking at a virtual news conference ,said that the growth was reflected in the services and goods producing industries, which grew by 2.2 and 2.6 per cent, respectively.

She said that the value added of all service industries increased, except for wholesale and retail trade, repairs, installation of machinery and equipment' and producers of government services.

STATIN's Director General, Carol Coy

STATIN said the higher levels of economic activity recorded by the other service industries included transportation, storage and communication, which grew by 5.6 per cent; hotels and restaurants up 7.8 per cent; electricity and water supply up 6.2 per cent with other services increased by 2.2 per cent.

It said finance and insurance services moved up 2.1 per cent; and real estate, renting and business activities, up 1.8 per cent.

There was a 0.1 per cent decline in both 'wholesale and retail trade and 'producers of government...