This table shows the June Index with Grenada recording a growth of 1.6 per cent compared with an average for the region of 0.58 per cent. As you are aware, the economies are weak but Grenada is the second in the region. Only Montserrat has a higher growth rate.
GDP Index for January to June 2011 and the forecast for 2011 based on the GDP Index as at June 2011
Jan – June 2011 Forecast for 2011 based
GDP Index on the Jan – Jun Index
Anguilla -2.82 -1.98
Antigua and Barbuda -4.62 -3.17
Dominica 0.91 1.23
Grenada 1.68 1.62
Montserrat 5.05 4.36
St Kitts and Nevis 0.28 0.48
Saint Lucia 0.48 2.55
St Vincent and the Grenadines 0.24 0.8
ECCU 0.58 0.35
This represents the performance as of June and the forecast for 2011 based on the June Performance.