May 21, 2020 In April 2020, a month marked by COVID-19 containment measures in all countries, the euro area annual inflation rate stood at 0.3%, a decrease from 0.7% in March, according to the statistical office of the European Union (Eurostat). Compared to the previous year, the rate was 1.7%. Additionally, the European Union annual
May 18. 2020 Monthly Economic Review - April 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
May 18, 2020 USA Economic Review -April 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, or
May 17, 2020 The IMF Executive Board approved Jamaica’s request for emergency financial assistance of about US$520 million to help meet the urgent balance-of-payments needs stemming from the COVID-19 pandemic. The Jamaican authorities have adopted timely and targeted measures to boost health spending and mitigate the economic impact of the pandemic, supporting jobs and vulnerable
May 14, 2020 Since mid-March 2020, financial institutions have experienced an extraordinary need for liquidity in order to facilitate portfolio shifts by their customers and to build buffers against growing uncertainty. In response to liquidity needs Bank of Jamaica initiated several measures including the purchase of securities and the extension of short-term lending in order
May 14, 2020 Brent Oil Brent oil prices increased by 3.29% or US$0.97, as prices rose this week relative to the prior week. Oil traded on May 14, 2020 at a price of US$30.43 per barrel relative to US$29.46 on May 07, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
May 8, 2020 Net International Reserves- April 2020 Jamaica’s Net International Reserves (NIR) totaled US$3,132.65 million as at April 2020, reflecting an decrease of US$105.02 million relative to the US$3,237.67 million reported as at the end of March 2020 (see figure 1). Changes in the NIR resulted from an decrease in Foreign Assets of US$106.77
May 7, 2020 Brent Oil Brent oil prices increased by 21.49% or US$5.43, as prices rose this week relative to the prior week. Oil traded on May 07, 2020 at a price of US$30.70 per barrel relative to US$25.27 on April 30, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
May 06, 2020 In March 2020, the COVID-19 containment measures widely introduced by Member States had a significant impact on retail trade, as the seasonally adjusted volume of retail trade declined by 11.2% in the euro area and by 10.4% in the EU, compared with February 2020, according to Eurostat, the statistical office of the
May 5, 2020 Government Operations Results for March 2020 For the period of April 2019 to March 2020, the GOJ reported Total Revenues & Grants of $649.76 billion, $4.50 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 3.3% relative to the $628.99 billion recorded for the corresponding
