February 03, 2025 The Mexican peso tumbled over 2% to its lowest level in nearly three years against the dollar on Monday, following the United States' imposition of 25% tariffs on its southern neighbour, marking the first major salvo in a new global trade war. In response, Mexican President Claudia Sheinbaum ordered retaliatory tariffs, as
January 31, 2025 Mexico's economy contracted more than anticipated in the fourth quarter, according to preliminary data from the national statistics agency INEGI released on Thursday. This marks the first quarter-on-quarter decline in over three years. The contraction comes as Mexico braces for potential U.S. import tariffs, which could further impact its economy already strained
January 24, 2025 Monthly Economic Review - January 2025 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. Each research analyst (s) also certify that no part of
January 24, 2025 Mexico's annual inflation rate slowed to its lowest level in nearly four years in the first half of January, according to official data released on Thursday. This price level is likely to encourage the central bank to continue reducing borrowing costs. In Latin America's second-largest economy, 12-month headline inflation was reported at
January 17, 2025 Developing economies, which drive 60% of global growth, are projected to end the first quarter of the 21st century with their weakest long-term growth outlook since 2000, according to the World Bank’s latest Global Economic Prospects report. Despite global economic stabilization over the next two years, these economies are expected to lag
January 17, 2024 The euro area’s annual inflation rate was 2.4% in December 2024, up from 2.2% in November. A year ago, the rate was 2.9%. Annual inflation in the European Union rose to 2.7% in December 2024, from 2.5% in November. A year earlier, the rate was 3.4%. Ireland had the lowest yearly rates (1.0%), followed by Italy (1.4%), Finland, Sweden and
January 16, 2024 The Statistical Institute of Jamaica (STATIN) reported that as at December 2024, the point-to-point inflation rate was +5.0%; 0.7 percentage points higher than the 4.3% recorded between November 2023 and November 2024. Compared to November 2024, The All-Jamaica Consumer Price Index (CPI) increased by 1.2% for December 2024. The main driver of
January 16, 2025 The value of exports from Latin America and the Caribbean grew by an estimated 4.1 percent in 2024, recovering from a 1.6 percent decline in 2023, according to the latest Trade Trends Estimates for Latin America and the Caribbean, published by the Inter-American Development Bank (IDB). The report attributes this growth to
January 10, 2025 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment rose by 256,000 in December, and the unemployment rate changed little at 4.1 percent. Notably, employment trended up in health care, government, and social assistance. Also, retail trade added jobs in December, following job loss in November. The U.S. Bureau
January 9, 2025 Net International Reserves – December 2024 BOJ has reported that Jamaica's Net International Reserves as at December 31, 2024 stood at US$5,583.67 million, reflecting an increase of US$175.16 million when compared to the US$5,408.51 million reported at the end of November 2024. Foreign Assets totalled US$5,632.92 million, US$157.36 million more than the
