January 20, 2023 According to England’s ONS (Office of National Statistics) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose to 9.2% as at December 2022 while the Consumer Prices Index (CPI) rose to 10.5%. CPIH & CPI in November 2022 was 9.3% & 10.7% respectively. Consumer price inflation estimates suggested that the
January 18, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 9.4% for December 2022 compared to December 2021. Consequently, the inflation rate for December 2022 was 0.0%. The main driver of this decline was a 1.0% fall in the index for the division ‘Food and Non-Alcoholic
January 12, 2023 Since the November Monetary Policy Report and the preceding Bank of England’s Monetary Policy Committee (MPC) meeting, decided on the elevated path of market interest rates at the time, the UK economy was expected to be in recession for a prolonged period and CPI inflation was expected to remain very high in
January 9, 2023 BOJ has reported that Jamaica’s Net International Reserves as at December 31, 2022 stood at US$3,978.00 million, reflecting an increase of US$128.10 million when compared to the US$3,849.90 million reported at the end of November 2022. Foreign Assets totalled US$4,519.54 million, US$116.90 million more than the US$4,402.65 million reported in November 2022.
January 6, 2023 According to the statistical office of the European Union (Eurostat), in December 2022, the Euro area annual inflation rate is expected to be 9.2%, down from 10.1% reported in November 2022 with energy having the highest annual rate of 25.7% relative to 34.9% in November 2022. The annual rates of the other
January 5, 2023 Government Operations Results for November 2022 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 compensation was,
January 3, 2023 The Statistical Institute of Jamaica (STATIN) reported a 5.9% increase in Jamaica's total value added at constant prices in the third quarter of 2022 compared to the same quarter of 2021. The Planning Institute of Jamaica (PIOJ) anticipated 4.3% quarterly increase. Services and goods-producing industries grew 6.0% and 5.6%, respectively. The economy's
December 21, 2022 For the week leading up the Christmas holidays (12 to 16 December 2022), Bank of Jamaica recorded net currency issue of $8.7 billion to financial institutions (commercial banks, building societies and cambios). The issue for the period contributed to an overall growth of $14.0 billion or 6.8% in the currency stock for
December 21, 2022 Effective December 15, 2022, the Governing Council took the decision to raise the three key interest rates set by the European Central Bank (ECB) by 50 basis points. As a result, starting on December 21, 2022, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility
December 16, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 10.3% for November 2021 to November 2022. Consequently, the inflation rate for November 2022 was 0.4%. The main driver of this growth was a 2.0% increase in the index for the division ‘Food and Non-Alcoholic Beverages’,
