According to the Statistical office of the European Union (Eurostat), annual inflation rate in June for the euro area and the European Union increased by 0.3% (May 2020: 0.1%) and 0.8% (May 2020: 0.6%), respectively. Notably, Eurostat highlighted that in the month of June, “COVID-19 containment measures have been gradually lifted.” However, a year earlier
July 20, 2020 For the month of June, jobless rates were lower in 42 states and the District of Columbia, higher in 5 states, and unchanged in 3 states based on a report by the Bureau of Labour Statistics (BLS). Forty-nine states and the District had jobless rate increases from last year, but one was
July 17, 2020 Monthly Economic Review - June 2020 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
July 17, 2020 USA Economic Review -June 2020 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, is,
Consumer Price Index – May 2020 The consumer price index for May 2020 was 103.8 resulting in an inflation rate of 0.1% increase when compared to previous month’s 103.7 price index, according to the Statistical Institute of Jamaica (STATIN). This increase was as result of, ‘Food and Non- Alcoholic Beverages’, the heaviest weighted division 1.1%
July 10, 2020 The final demand for the Producer Price Index decreased 0.2% in June 2020, seasonally adjusted according to the U.S. Bureau of Labor Statistics. Final demand prices rose 0.4% in May and decreased 1.3% in April. On an unadjusted basis, “the final demand index moved down 0,8% for the 12 months ended in
July 09, 2020 The seasonally adjusted initial claims, advance estimate, fell to 1,314,000, a decrease of 99,000 for the week ending July 4 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,413,000 from 1,427,000 down by 14,000. In comparison to the previous week’s average, the 4-week moving average
Brent Oil Brent oil prices decreased by 2.02% or US$0.87, as prices declined this week relative to the prior week. Oil traded on July 9, 2020 at a price of US$42.27 per barrel relative to US$43.14 on July 2, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices increased
Net International Reserves- June 2020 Jamaica’s Net International Reserves (NIR) totaled US$2,949.26 million as at June 2020, reflecting an increase of US$44.77 million relative to the US$2,904.49 million reported at the end of May 2020 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$33.31 million to total US$3,905.02
July 7, 2020 Real gross domestic product (GDP) in the first quarter of 2020 declined in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent change in real GDP in the first quarter ranged from -1.3% in Nebraska to -8.2% in New York and Nevada.”
