Date: December 27, 2018 The Bureau of Labour Statistics reported that, “unemployment rates were lower in November in 6 states and stable in 42 states and the District of Columbia.” Last year, there were eighteen states with jobless rate decreases and the District had little or no change. Whereas, no change was reported in the
Date: December 21, 2018 The U.S. Bureau of Economic Analysis indicated that, “the third estimate of real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the third quarter of 2018. In the second quarter, real GDP increased 4.2 percent.” The increase in real GDP, for the second estimate, was 3.5
December 20, 2018 Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) by 25 basis points to 1.75 per cent. Inflation This decision reflects the Bank’s most recent assessment that inflation could now fall below the lower limit of the 4.0
Date: December 20, 2018 Please see attached USA Monthly Economic Review: USA Economic Review - November 2018 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)
Date: December 20, 2018 Please click below to view November 2018’s Monthly Economic Review. Monthly Economic Review - November 2018 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
Date: December 18, 2018 Consumer Price Index – November 2018 The consumer price index for the month of November 2018 was 0.0%, following the 0.7% increase in October 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of November remained at 257.4, relative to the 257.4 reported for
Brent Oil Brent oil prices decreased by 0.55% or US$0.33, as prices declined this week relative to the prior week. Oil traded on December 13, 2018 at a price of US$59.73 per barrel relative to US$60.26 last week. Brent oil began the year at US$66.57 per barrel. Petrojam prices 87 Octane prices increased week over
Date: December 12, 2018 Jamaica’s Net International Reserves (NIR) totaled US$2,899.06 million as at November 2018, reflecting a decrease of US$26.27 million relative to the US$2,925.33 million reported as at the end of October 2018 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$34.93 million to total US$3,425.13 million
Date: December 04, 2018 For the period of April 2018 to October 2018, the GOJ reported Total Revenues & Grants of $338.28 billion, $5.41 billion more than the Government’s projection. Year over year, this represents an increase of approximately 13.7% relative to the $297.59 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Capital
Brent Oil Brent oil prices decreased by 4.30% or US$2.69, as prices declined this week relative to the prior week. Oil traded on November 29, 2018 at a price of US$59.91 per barrel relative to US$62.60 last week. Brent oil began the year at US$66.57 per barrel. Petrojam prices 87 Octane prices decreased week over
