Bahamas
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2007-2008 , pp 229-233
- Publication Date: December 2010
- DOI: https://doi.org/10.18356/7ee2e8f9-en
- Language: English
Economic growth remained solid but slowed in 2007 despite sound macroeconomic management in recent years. Real output grew by 2.8%, compared with a 4.6% increase in 2006. A decline in construction activity and reduced credit expansion partly offset the impetus from improvements in the tourism sector. December-on-December inflation rose to 2.8%, which, though still moderate, surpassed the 2.3% registered in 2006, reflecting higher costs of furniture and household goods and the steep rise in, and pass-through of, international fuel and food prices.
© United Nations
ISBN (PDF):
9789210544580
Book DOI:
https://doi.org/10.18356/e73a5c2b-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Bahamas
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