2 01, 2024

Government Operations Results for November 2023

2024-01-02T12:54:51-05:00

January 2, 2024   Government Operations Results for November 2023   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

Government Operations Results for November 20232024-01-02T12:54:51-05:00
2 01, 2024

Gross Domestic Product (GDP) grew by 2.1% for Q3 2023

2024-01-02T12:17:30-05:00

January 2, 2024 The Statistical Institute of Jamaica (STATIN) reported a 2.1% increase in Jamaica’s total value added at constant prices in the third quarter of 2023 compared to the same quarter of 2022. The Services and Goods Producing Industries each grew 2.1%. Total value added, seasonally unadjusted, was $195.86 billion. Services Industries The performance

Gross Domestic Product (GDP) grew by 2.1% for Q3 20232024-01-02T12:17:30-05:00
28 12, 2023

BOJ maintains Policy Interest Rate at 7%

2023-12-28T09:41:16-05:00

December 28, 2023   The Monetary Policy Committee (MPC) of the Bank of Jamaica (BOJ) has unanimously agreed to maintain the policy interest rate at 7%, preserve tight Jamaican dollar liquidity conditions, and ensure relative stability in the foreign exchange market. The MPC’s decision was based on the positive trends in the key drivers of

BOJ maintains Policy Interest Rate at 7%2023-12-28T09:41:16-05:00
21 12, 2023

Germany’s inflation rate decline by 0.4% for November 2023

2023-12-21T15:45:04-05:00

December 21, 2023   For the fifth consecutive month, Germany’s inflation rate has slowed according to the Federal Statistical Office (Destatis). Germany’s inflation rate, which is measured as the year-on-year change in the CPI, reached +3.2% in November 2023, a decline from +3.8% in October 2023. However, consumer prices in November 2023 relative to October

Germany’s inflation rate decline by 0.4% for November 20232023-12-21T15:45:04-05:00
20 12, 2023

Monthly Economic Review – November 2023

2023-12-20T16:37:40-05:00

December 20, 2023   Monthly Economic Review - November 2023   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

Monthly Economic Review – November 20232023-12-20T16:37:40-05:00
20 12, 2023

New financial sector regulatory model to be fully implementation in 2025

2023-12-20T16:09:22-05:00

December 20, 2023 According to The Jamaica Gleaner, The Deputy Governor of the Bank of Jamaica (BOJ), Wayne Robinson, has stated that the legislation for the new 'twin peaks' model of financial system regulation is not expected to reach Parliament before 2025. The twin peaks regulatory model, introduced in response to fraud at Stocks and

New financial sector regulatory model to be fully implementation in 20252023-12-20T16:09:22-05:00
20 12, 2023

UK’s inflation rate was 3.9% in November 2023

2023-12-20T15:03:51-05:00

December 20, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 4.2% in the 12 months to November 2023, down from 4.7% in October. The Consumer Prices Index (CPI) rose by 3.9%, down from 4.6% in October. On a monthly basis, CPIH fell

UK’s inflation rate was 3.9% in November 20232023-12-20T15:03:51-05:00
19 12, 2023

Annual inflation down to 2.4% in the euro area

2023-12-19T09:38:12-05:00

December 19, 2023 According to the statistical office of the European Union (Eurostat), in November 2023, the Euro area annual inflation rate was 2.4%, down from 2.9% reported in October 2023. The prior year’s rate was 10.1%. Annual inflation in the European Union was 3.1% in November 2023, down from 3.6% in October 2023. The

Annual inflation down to 2.4% in the euro area2023-12-19T09:38:12-05:00
18 12, 2023

Jamaica’s inflation rate rose by 1.6% for November 2023

2023-12-18T14:44:04-05:00

December 18, 2023   The Statistical Institute of Jamaica (STATIN) reported that for November 2023, the point-to-point inflation rate was +6.3%; 1.2 percentage points higher than the prior point-to-point inflation rate. However, for the month of November 2023, the inflation rate was +1.6%, the highest for the calendar year to date. The main driver of

Jamaica’s inflation rate rose by 1.6% for November 20232023-12-18T14:44:04-05:00
14 12, 2023

Bank of England maintains the bank rate at 5.25%

2023-12-14T09:58:38-05:00

December 14, 2023 The Bank of England’s Monetary Policy Committee (MPC) at its meeting ended December 13, 2023, voted to maintain the Bank Rate at 5.25%, as opposed to increasing the bank rate to 5.5%. The MPC believes that the bank rate will help sustain growth and employment, and ultimately meet the 2% inflation target.

Bank of England maintains the bank rate at 5.25%2023-12-14T09:58:38-05:00