Sugar harvest sours Cuban growth

23 December 1998

Sugar harvest sours Cuban growth

CUBAS economic growth slowed in 1998 because of a poor sugar harvest combined with poor commodity export prices.

The Government expected to see growth at between 2.5% to 3.5%. But it was expected to total 1.2%.

The sugar crop fell 24% to 3.2 million tonnes.

• Financial Times 23/12/98 page 3