January 14, 2022 Advance estimates of December 2021 retail and food service sales in the United States were $626.8 billion, down 1.9% (±0.5%) from the previous month but 16.9% (±0.9%) higher than December 2020. Total sales for the first twelve months of 2021 were up 19.3% (±0.5%) over the same period in 2020. Total sales
United States: Omicron to Hit U.S. Growth in Early 2022, Inflation Seen Higher “The U.S. economy will take an early hit this year from the omicron variant of coronavirus -- but the damage shouldn’t last beyond the first quarter, according to Bloomberg’s latest monthly survey of forecasters.” https://www.bloomberg.com/news/articles/2022-01-14/omicron-to-hit-u-s-growth-in-early-2022-inflation-seen-higher?srnd=economics-vp Europe: German Economy Shrank as Much as
January 13, 2022 The seasonally adjusted Producer Price Index for final demand gained 0.2% in December, according to the US Bureau of Labor Statistics. Following gains of 1.0% in November and 0.6% in October, the stock market has risen again. Final demand prices increased 9.7% in 2021 on an unadjusted basis, the largest calendar-year increase since
January 13, 2022 Brent Oil Brent oil prices increased by 2.77% or US$2.27 relative to the prior week. Oil traded on January 13, 2022, at US$84.26 per barrel relative to US$81.99 on January 6, 2021. Brent oil opened 2022 year at US$78.98 per barrel. Petrojam prices 87 Octane prices decreased by 0.78% (JMD$2.42) and 90
January 13, 2022 Lasco Manufacturing Limited (LASM) has advised that a senior manager sold a total of 19,222 LASM shares during the period January 5 to 10, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at
January 13, 2022 Jamaican Teas Limited (JAMT) has advised that a Director exercised options to purchase 2,600,000 JAMT shares on January 11, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report.
January 13, 2022 Eppley Limited (EPLY) has advised that on January 7, 2022, a connected party sold 825,000 EPLY shares and another connected party purchased 825,000 EPLY shares. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at
January 13, 2022 According to Eurostat's recent report, the EU third quarter of 2021, seasonally adjusted current account balance recorded a surplus of €72.1 billion, which is 2.0% of GDP. This represents a decrease of €31 billion, from the second quarter surplus of €103.1 billion, which was 2.9% of the GDP. Also, €16 billion less
January 13, 2022 AMG Packaging Paper Company Limited (AMG), for the three months ended November 30, 2021, recorded Turnover in the amount of $270 million, a 55% increase when compared to $173.86 million booked the previous year’s corresponding quarter. Cost of Inventories totalled $156 million, an increase of 66% relative to $94.18 million booked in
United States: Fed’s Daly, Harker Join Calls for Rate Liftoff as Early as March “Federal Reserve Bank of San Francisco President Mary Daly and her Philadelphia Fed peer Patrick Harker joined the ranks of officials publicly discussing an interest-rate increase as early as March as the central bank seeks to combat the hottest inflation in
