August 04, 2023 In July, total nonfarm payroll employment in the United States increased by 187,000, according to a report from the U.S. Bureau of Labor Statistics. The unemployment rate remained relatively stable at 3.5 percent. Job gains were observed in various sectors, including health care, social assistance, financial activities, and wholesale trade. The report
August 3, 2023 The Bank of England’s Monetary Policy Committee (MPC) at its August 2, 2023 meeting voted to increase Bank Rate by 0.25 percentage points, to 5.25%, as opposed to maintaining the Bank Rate at 5.0%, or increasing to 5.5%. The MPC observes that the second-round effects in domestic price and wage developments generated
August 2, 2023 Government Operations Results for June 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 of their
July 27, 2023 Effective July 27, 2023, the Governing Council made the decision to raise the three key interest rates set by the European Central Bank (ECB) by yet another 25 basis points. As a result, effective August 2, 2023, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit
July 21, 2023 According to Caribbean News Global, the Bank of Jamaica (BOJ) Senior Deputy Governor was delivering an address on behalf of BOJ Governor Richard Byles on July 12, 2023 where it was reported that “Jamaica is experiencing an unprecedented period of economic and financial stability, which has been assisted by the success of
July 20, 2023 Monthly Economic Review - June 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 of their
July 19, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.3% as at June 2023, down from 7.9% in May. The Consumer Prices Index (CPI) rose by 7.9%, down from 8.7% in May. On a monthly basis, CPIH rose by 0.2% in
July 19, 2023 According to the statistical office of the European Union (Eurostat), in June 2023, the Euro area annual inflation rate was 5.5%, down from 6.1% reported in May 2023. The prior year’s rate was 8.6%. Annual inflation in the European Union was 6.4% in June 2023, down from 7.1% in May 2023. A
July 18, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 6.3% for June 2023 compared to June 2022. However, for the month of June 2023, the inflation rate was +1.0%. The main driver of the monthly increase was a 1.3% rise in the index for
July 14, 2023 The 2023 projected earnings from the bauxite and alumina sector are set to double to US$677 million. This movement will be the highest since the onset of the pandemic, according to the Jamaican government’s annual market filings with the American securities regulator. The reopening of the Jamalco plant in Clarendon and rising
