Consumer and business confidence dipped slightly for the first quarter of 2017.

This was revealed today by the Managing Director of Market Research Services Limited, Don Anderson.

Mr. Anderson says the latest numbers should be assessed in the context of both consumer and business confidence indices being at an all time high in 2016.

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The consumer confidence index for the first quarter of the year was 138.7.

This is down almost 13 points from the 151.6 recorded in the two quarters before.

Mr. Anderson says the decline was due to how Jamaicans viewed future economic prospects; with questions about job creation hovering.

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Meanwhile, he says confidence among firms remained largely unchanged during the past five quarters.

Business confidence index stood at 139.3 in the first quarter.

This is slightly below the last quarter’s 142.

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Don Anderson was speaking at the release of the 1st quarter business and consumer confidence indices at the Spanish Court Hotel in St. Andrew this morning.