Jamaica trade deficit widens to US$3.5B in first seven months

Jamaica's trade deficit surpassed US$3.5 billion in the first seven months of the year, with imports outpacing export earnings by nearly 5-to-1. The widening gap signals persistent external imbalance, likely pressuring the Jamaican dollar and foreign reserves. The trend is consistent with recent years, but the magnitude of the deficit growth is notable.

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