Provisional Industrial Production Index – Oct. 2017

bgis Ministry News

The Index of Industrial Production (IIP) increased by 9.1 per cent in October 2017 when compared to the previous month. This was due to increases in the indices for Mining and Quarrying of 5.6 per cent; Manufacturing of 13.5 per cent; and Electricity, Gas and Water of 2.5 per cent. According to the Barbados Statistical Service, the IIP for October …

Scholarship Opportunity In China

Sharon Austin Ministry News

Barbadians now have another opportunity to apply for a scholarship for undergraduate and graduate programmes at universities in the People’s Republic of China. The Economic Affairs Division, in its capacity as the National Liaison Office for the Organization of American States, announced the call for applications, while advising that the programmes will be delivered on site in China and taught …

Provisional Industrial Production Index – Sept. 2017

bgis Ministry News

The Index of Industrial Production (IIP) decreased by 4.2 per cent in September 2017, when compared to the previous month. This was due to a decrease in the index for Mining and Quarrying of 26.2 per cent; Manufacturing of 2.2 per cent; and Electricity, Gas and Water of 5.0 per cent. According to data produced by the Barbados Statistical Service, …

Provisional Industrial Production Index – Aug. 2017

bgis Ministry News

Provisional Index Of Industrial Production For August 2017 The Index of Industrial Production (IIP) decreased by 0.5 per cent in August 2017 when compared with the previous month. According to the Barbados Statistical Service, this was due to a decrease in the index for Manufacturing of 2.5 per cent. However, there were increases recorded for Mining and Quarrying of 8.9 …

Apply Now For OAS Academic Scholarships

Sharon Austin Ministry News

The Economic Affairs Division has advised that the public can now apply for the Organization of American States (OAS) Academic Scholarships for Graduate and Undergraduate Studies. Applications should be submitted to the Economic Affairs Division, Ministry of Finance and Economic Affairs, 3rd Floor East, Warrens Office Complex, Warrens, St. Michael, by Friday, April 6, 2018. For additional information related to …

Ministry Mourns Passing Of Late Economist

Sharon Austin Top Stories

Permanent Secretary in the Economic Affairs Division, Seibert Frederick, has described the late economist Charlie Skeete as always being “quite willing to offer advice and to propose recommendations to policymakers”. Mr. Frederick made the comments, while expressing condolences to Mr. Skeete’s family as they mourn his passing. Mr. Skeete, who was a former Senior Economist at the Inter-American Development Bank …

Index Of Retail Prices For September 2017

bgis Ministry News

The Index of Retail Prices for September 2017 stood at 181.3 points, representing an increase of 1.0 per cent when compared to the 179.5 points recorded the previous month. According to data produced by the Barbados Statistical Service, increases were recorded for Food and Non-Alcoholic Beverages by 1.3 per cent; Housing, Water, Electricity, Gas and Other Fuels by 1.1 per …

Lecture Series On Development Starts Dec. 15

Joy-Ann Gill Ministry News

Development: Does it Build a Society? is the theme of the upcoming 11th Lecture-Seminar Series to be hosted by the Economic Affairs Division, Ministry of Finance and Economic Affairs on Friday, December 15. The event, which will take place at the Courtyard by Marriott, The Garrison Historic Area, Hastings, Christ Church, will run from 9:30 a.m. until 12:30 p.m. Permanent Secretary in the Economic …

Index Of Retail Prices For July 2017

bgis Ministry News

The Index of Retail Prices for July 2017 stood at 176.5 points, representing an increase of 1.3 per cent when compared with the 174.3 points recorded in June. According to data produced by the Barbados Statistical Service, increases were recorded for Food and Non-Alcoholic Beverages by 1.8 per cent; Alcoholic Beverages, Tobacco and Narcotics by 3.6 per cent; Furnishings, Household …

Index Of Retail Prices For August 2017

bgis Ministry News

The Index of Retail Prices for August 2017 stood at 179.5 points representing an increase of 1.7 percent when compared to the 176.5 points recorded in July of this year. According to data produced by the Barbados Statistical Service, increases were recorded for Miscellaneous Goods and Services by 5.0 per cent; Alcoholic Beverages, Tobacco and Narcotics by 2.9 per cent; …