17 01, 2022

Jamaica’s Unemployment Rate falls to 7.1% in October 2021

2022-01-17T15:54:55-05:00

January 17, 2022 The Statistical Institute of Jamaica (STATIN) reported that the unemployment rate for October 2021 was 7.1 per cent. This is 3.7 percentage points lower than the 10.8 per cent out-turn for the corresponding period in October 2020. Data from the survey show that the increase in employment (76,600) was more than twice

Jamaica’s Unemployment Rate falls to 7.1% in October 20212022-01-17T15:54:55-05:00
17 01, 2022

Overseas Headlines – January 17, 2022

2022-01-17T08:47:14-05:00

January 17, 2022 United States: Biden Faulted on Inflation by Majority in CBS Poll “A majority of Americans fault President Joe Biden’s handling of inflation and the economy, according to a CBS News poll, which also found that people increasingly find government guidance on Covid-19 confusing.” https://www.bloomberg.com/news/articles/2022-01-16/biden-s-job-on-inflation-found-lacking-by-majority-in-cbs-poll Europe: U.K. Property Asking Prices Increase at Quickest

Overseas Headlines – January 17, 20222022-01-17T08:47:14-05:00
14 01, 2022

US$7M Japanese-funded solar system handed over to Caricom Secretariat

2022-01-14T16:59:30-05:00

January 14, 2022 The CARICOM Secretariat today takes charge of a Solar Photovoltaic Power Generation Plant, as it sets an example of how the Region can utilize renewable energy resources to move towards greater energy efficiency and resilience. The 400-kilowaatt solar generation project, with 1,500 solar panels and servers and batteries. The Secretariat is expected

US$7M Japanese-funded solar system handed over to Caricom Secretariat2022-01-14T16:59:30-05:00
14 01, 2022

Special Advisory: FosRich Company Limited (FOSRICH)

2022-01-14T15:35:37-05:00

January 14, 2022 FosRich Company Limited (FOSRICH) has advised that Supply Chain & Inventory Senior Manager, Ms. Tricia Edwards resigned on December 24, 2021. 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

Special Advisory: FosRich Company Limited (FOSRICH)2022-01-14T15:35:37-05:00
14 01, 2022

US retail and food service sales was down 1.9% in December 2021

2022-01-14T13:40:26-05:00

January 14, 2022 Advance estimates of December 2021 retail and food service sales in the United States were $626.8 billion, down 1.9% (±0.5%) from the previous month but 16.9% (±0.9%) higher than December 2020. Total sales for the first twelve months of 2021 were up 19.3% (±0.5%) over the same period in 2020. Total sales

US retail and food service sales was down 1.9% in December 20212022-01-14T13:40:26-05:00
13 01, 2022

US Producer Price Index (PPI) rose 0.2% in December

2022-01-13T15:23:59-05:00

January 13, 2022 The seasonally adjusted Producer Price Index for final demand gained 0.2% in December, according to the US Bureau of Labor Statistics. Following gains of 1.0% in November and 0.6% in October, the stock market has risen again. Final demand prices increased 9.7% in 2021 on an unadjusted basis, the largest calendar-year increase since

US Producer Price Index (PPI) rose 0.2% in December2022-01-13T15:23:59-05:00
12 01, 2022

U.S. CPI inched up 0.5% for December 2021

2022-01-12T15:56:43-05:00

January 12, 2022 The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5% for December 2021, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS). The all-items index rose 7.0% before seasonal adjustment over the last year. The all-items less food and energy index climbed 0.6% in December. The index

U.S. CPI inched up 0.5% for December 20212022-01-12T15:56:43-05:00
10 01, 2022

Net International Reserves – December 2021

2022-01-10T16:23:12-05:00

January 10, 2022 For the month of December 2021, BOJ has reported Jamaica’s Net International Reserves (NIR) has totalled US$3,999.7 million, reflecting an increase of US$103.71 million relative to the US$3,896 million reported at the end of November 2021. Foreign Assets totalled US$4832.4 million, US$82.10 million more than the US$4750.3 million reported for November 2021.‘Currency

Net International Reserves – December 20212022-01-10T16:23:12-05:00
7 01, 2022

Euro area annual inflation increased to 5.0%

2022-01-07T13:41:12-05:00

January 7, 2022 According to the statistical office of the European Union (Eurostat), in December 2021, the euro area annual inflation rate is expected to be 5.0%, 0.1% higher than the 4.9% booked in November 2021. However, it was noted that a year earlier the annual rate was -0.3% in December 2020. Eurostat also noted,

Euro area annual inflation increased to 5.0%2022-01-07T13:41:12-05:00
7 01, 2022

Volume of retail trade up by 1.0% in euro area and by 0.9% in the EU

2022-01-07T13:32:53-05:00

January 7, 2022 The seasonally adjusted volume of retail trade increased by 1.0% in the euro area and by 0.9% in the EU during November 2021, compared with October 2021, according to Eurostat, the Statistical Office of the European Union. It was also noted that “in October 2021, the retail trade volume increased by 0.3%

Volume of retail trade up by 1.0% in euro area and by 0.9% in the EU2022-01-07T13:32:53-05:00