September 21, 2022 Monthly Economic Review - August 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
September 16, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased from 122.7 in July 2022 to 123.8 in August 2022. Consequently, the inflation rate for August 2022 was 0.9%. The biggest factor contributing to this increase was the division's index for ‘Food and Non-Alcoholic Beverages,’ which increased
September 14, 2022 BOJ has reported that Jamaica’s Net International Reserves as at August 31, 2022 stood at US$3,750.81 million, reflecting an increase of US$90.26 million when compared to the US$3,660.55 million reported at the end of July 2022. Foreign Assets totalled US$4,321.15 million, US$77.78 million more than the US$4,243.37 million reported in July 2022.
September 5, 2022 According to the statistical office of the European Union (Eurostat), industrial producer prices increased in July 2022, by 4.0% in the euro area (+37.9% from July 2021) and by 3.7% in the EU (+37.8% from July 2021) when compared to June 2022, where prices grew by 1.3% in the euro area and
September 1, 2022 Government Operations Results for July 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
August 19, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased from 121.8 in June 2022 to 122.7 in July 2022, Consequently the inflation rate for July 2022 was 0.7%. The biggest factor contributing to this increase was the division's index for ‘Food and Non-Alcoholic Beverages,’ which increased
August 19, 2022 The trend of the last three CPI figures has encouraged the Bank of Jamaica (BOJ) to increase the policy interest rate by 50 basis points to 6% per annum effective August 19, 2022. After peaking quicker and lower than projected in April 2022, inflation was 10.9% in May and June, and 10.2%
August 10, 2022 BOJ has reported that Jamaica’s Net International Reserves as at July 31, 2022 stood at US$3,660.55 million, reflecting a decrease of US$144.20 million when compared to the US$3,804.75 million reported at the end of June 2022. Foreign Assets totalled US$4,243.37 million, US$146.54 million less than the US$4,389.91 million reported in June 2022.
August 4, 2022 Since the May Monetary Policy Report and the preceding Bank of England's Monetary Policy Committee (MPC) meeting, inflationary pressures in the UK and the rest of Europe have increased dramatically. Due to Russia's restriction of gas supply to Europe and the possibility of more restrictions, wholesale gas prices have nearly doubled since
August 3, 2022 Government Operations Results for June 2022 For the period of April to June 2022, the GOJ reported Total Revenues & Grants of $177.18 billion, $13.81 billion more than the Government’s projection. This represented an increase of approximately 1% relative to the $175.38 billion recorded for the corresponding period in 2021. ‘Grants’, ‘Bauxite
