Economic growth in Antigua and Barbuda decelerated to 5.0%, following a robust performance in 2018. The slowdown was attributed to an easing of construction-related activity. Moderate inflation and improved labour market conditions are positive signals for household expenditure. Expansion in domestic credit and improved asset quality signalled increased banking sector resilience. The fiscal deficit widened as current expenditure rose; but the public debt ratio fell. The merchandise trade deficit widened, driven by an expansion in the value of imports.