April 18, 2018 In February 2018 compared with January 2018, production in the construction sector decreased by 0.5% in the euro area (EA19) and by 0.8% in the EU28, according to a recent publication by Eurostat, the statistical office of the European Union. Activities in the construction sector is decreasing at a slower pace than
April 17,2018 The inflation for the month of March 2018 declined for the second consecutive month with a contraction of 0.1% following the same movement in February 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month moved to 248.1 relative to the 248.3 reported for February 2018. This decline
April 17, 2018 Euro area (EA19) exports of goods to the rest of the world in February 2018 was €177.5 billion, an increase of 3.0% compared with February 2017 (€172.3 billion). On the other hand, imports from the rest of the world stood at €158.6 billion, a rise of 1.5% compared with February 2017 (€156.2
Brent Oil Brent oil prices increased by 5.02 % or US$3.43, as prices rose this week. Oil traded on April 12, 2018 at a price of $71.76 per barrel relative to US$68.33 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decrease week over week, by 0.31% (JMD$0.38).
April 11, 2018 All employees The U.S. Bureau of Labor Statistics reported today that real average hourly earnings for all employees increased 0.4 percent from February to March. This result stems from a 0.3 percent increase in average hourly earnings combined with a 0.1 percent decrease in the Consumer Price Index for All Urban Consumers
April 10,2018 Jamaica’s Net International Reserves (NIR) totaled US$3,074.57 million as at March 2018, reflecting a decrease of US$104.93 million relative to the US$3,179.50 million reported as at the end of February 2018 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$104.22 million to total US$3,656.91 million compared to
April 10, 2018 The EU28 recorded a current account surplus of €63.5 billion (1.6% of GDP) in the fourth quarter of 2017, down from a surplus of €67.4 billion (1.8% of GDP) in the third quarter of 2017 and from a surplus of €64.4 billion (1.7% of GDP) in the fourth quarter of 2016, according
March 9, 2018 Gross Domestic Product (GDP) for the Jamaican economy grew by 1.1 per cent in the fourth quarter of 2017 when compared to the fourth quarter of 2016. According to The Statistical Institute of Jamaica, STATIN, the quarterly improvement in GDP was due mainly to “a 1.2 per cent growth in the Goods
April 6, 2018 Unemployment rate remains flat at 4.1percent even as total nonfarm payroll employment edged up by 103,000 in March. Sectors that experience a marginal uptick in employment for the month of March were manufacturing, health care, and mining. “Among the major worker groups, the unemployment rates for adult men (3.7 percent), adult women
Brent Oil Brent oil prices decreased by 2.76% or US$1.94, as prices fell this week. Oil traded on April 5, 2018 at a price of $68.33 per barrel relative to US$70.27 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decrease week over week, by 0.22% (JMD$0.27). Additionally
