期刊名称:Annual Economic and Financial Review / Eastern Caribbean Central Bank
出版年度:2006
卷号:1
页码:7-7
出版社:Basseterre
摘要:Economic activity in the Eastern Caribbean
Currency Union (ECCU) strengthened in the first
quarter of 2006 relative to the corresponding period
of 2005. The expansion was largely driven by
robust growth in construction as some countries
prepare to host the Cricket World Cup (CWC) in
2007. Tourism activity also increased, while
agricultural output declined. Consumer prices rose
in most of the member countries during the first
quarter of 2006, partly reflecting the impact of rising
fuel prices. The consolidated fiscal accounts of the
central governments indicate a narrowing in the
overall deficit, attributed to an increase in current
revenue. Monetary liabilities expanded, commercial
bank liquidity was at a high level, and interest rates
remained largely unchanged. In the external sector,
the current account deficit widened as the value of
imports increased, consistent with the expansion in
economic activity and rising international oil prices.