June 13, 2018 Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Recent data suggest that growth
June 13, 2018 According to a recent report published by Eurostat, the statistical office of the European Union, the number of persons employed increased by 0.4% in both the euro area (EA19) and the EU28 in the first quarter of 2018 compared with the previous quarter. In the fourth quarter of 2017, employment increased by
June 08, 2017 Jamaica’s Net International Reserves (NIR) totaled US$3,175.88 million as at May 2018, reflecting an increase of US$69.31 million relative to the US$3,106.57 million reported as at the end of April 2018 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$51.44 million to total US$3,734.10 million compared
Brent Oil Brent oil prices decreased by 1.63 % or US$1.27, as prices fell this week. Oil traded on June 7, 2018 at a price of $76.45 per barrel relative to US$77.72 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.47% (JMD$0.62).
June 7, 2018 According to Eurostat, the statistical office of the European Union, GDP rose by 0.4% in both the euro area (EA19) and the EU28 during the first quarter of 2018, compared with the previous quarter. Similarly, in the fourth quarter of 2017, GDP had grown by 0.7% in both zones. However, when compared
June 05, 2018 The International Monetary Fund (IMF) hosted the Central Bank Communication seminar today. This seminar was based on recently released Regional Economic Outlook (REO) for the Western Hemisphere region, which was presented by Etibar Jafarov, IMF’s Senior Economist for the Western Hemisphere. Mr. Jafarov explained that a Country’s Central Bank credibility reflected by
June 5, 2018 The U.S Bureau of Labor Statistics revealed that the number of job openings was little changed at 6.7 million on the last business day of April. Over the said month, there were little change in the number of hires and separations which amounted to 5.6 million and 5.4 million respectively. However, within
June 4, 2018 According to Eurostat, the statistical office of the European Union, in April 2018, compared with April 2017, industrial producer prices rose by 2.0% in the euro area and by 2.4% in the EU28; while in March 2018, prices increased by 0.1% in both zones. For the month of April 2018, however, industrial
June 01, 2018 Government Operations Results for April 2018 For the period of April 2018, the GOJ reported Total Revenues & Grants of $41.41 billion, $553.30 million more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 20.6% relative to the $34.35 billion recorded for the corresponding period in 2017.
Brent Oil Brent oil prices decreased by 1.86 % or US$1.47, as prices fell this week. Oil traded on May 31, 2018 at a price of $77.72 per barrel relative to US$79.19 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.25% (JMD$0.33).
