Understanding the challenges which each stakeholder faces is key to the long term sustainability of the economy and the development of strong competitive enterprises. In my presentation, therefore, I propose to share some insights on the recent growth experience in the economies of the CARICOM region.
If the Chinese economy deteriorates further, lower demand will drive down oil prices which are also being translated into lower inflation rates for non-energy components and feed into inflation expectations, leading to a worsening inflation outlook and making the ECB’s inflation target more difficult to reach.