Middle-East
The oil shock arrives at the meter: Caribbean electricity prices brace for Q3 pass-through
*Domestic gas prices have already risen and the BOJ projects further acceleration, with implications for transport and household budgets through September.*
Bank of Jamaica holds rate at 5.5%, warns inflation will breach six-percent ceiling
*Governor Richard Byles points to Middle East oil shock and Hurricane Melissa rebuilding spend as twin upward pressures on the inflation target through September.*
AfDB warns Middle East conflict is dragging on Africa's 2026 growth
*The African Development Bank flags higher import costs across the continent — the same oil-shock channel now showing up in Caribbean central bank statements.*