January 16, 2018 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% in December on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported recently. Over the last 12 months, the all items index rose 2.1% before seasonal adjustment. An increase of 0.4% in the shelter index was responsible for approximately
Asia: Xi Jinping’s Debt Clampdown Has Left a Trail of Dead Projects A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt
The Eurostat- the statistical office of the Eurozone reported an unemployment rate for November 2017 for the Euro area (EA19) of 8.7%. This represent a slight decrease from the preceding October 2017 unemployment rate of 8.8%, and a 1.1% fall from the corresponding period of November 2016, when unemployment rate was a high of 9.8%.
The statistical office of the European Union has estimated a decrease in annual inflation for the region for December 2017. A recent release by Eurostat states that the statistical office is expecting inflation to fall from 1.5% in November to 1.4% in December. A further break down of the components of inflation reveals that energy
Jamaica’s Net International Reserves (NIR) totaled US$3,208.29 million as at December 2017, reflecting an increase of US$92.07 million relative to the US$3,116.22 million reported as at the end of November 2017 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$95.57 million to total US$3,781.17 million compared to the US$3,685.59
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, advised that the goods and services deficit for November 2017 was $50.5 billion compared to $48.9 billion, up $1.6 billion. November exports increased 4.4 billion to totaled $200.2 billion, while imports totaled $250.7 billion, $6.0 billion above October 2017
For the period of April 2017 to November 2017, the GOJ reported Total Revenues & Grants of $336.59 billion, $13.04 billion more than the government’s projection. Furthermore, year over year, this represents an increase of approximately 10.7% relative to the $304.10 billion recorded for the corresponding period in 2016. ‘Tax Revenue,’ ’Capital Revenue’ and ‘Grants’
The US unemployment rate remained unchanged at 4.1% despite US total nonfarm payroll employment increasing by 148,000 according to the U.S. Bureau of Labor Statistics. Majority of the gains in employment occurred in the manufacturing, construction and health industry. Data revealed the unemployment rate was 4.1% for the third consecutive month as seen in the
Personal income rose $54.0 billion (0.3%) in November according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $50.9 billion (0.4%) and personal consumption expenditures (PCE) increased $87.1 billion (0.6). Real DPI increased 0.1 percent in November and Real PCE increased 0.4%. The PCE price index increased 0.2%. Excluding
Please click below to view November 2017's Economic Review. Monthly Economic Review - November 2017 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of
