Date: January 02, 2020 For the period of April to November 2019, the GOJ reported Total Revenues & Grants of $404.96 billion, $4.84 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 25.2% relative to the $323.55 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax
December 27, 2019 Brent Oil Brent oil prices increased by 2.07% or US$1.38, as prices increased this week relative to the prior week. Oil traded on December 26, 2019 at a price of US$67.92 per barrel relative to US$66.54 on December 19, 2019. Brent oil began the year at US$55.95 per barrel. Petrojam prices 87
December 24, 2019 Third quarter real gross domestic product (GDP) increased at an annual rate of 2.1% for the third quarter of 2019. For the second quarter of 2019, real GDP had a 2.0% growth according to the third estimate released by the Bureau of Economic Analysis. The upward movement in real GDP for the
Date: December 23, 2019 Seven states posted lower unemployment rates in November, while five recorded higher rates for the same month. Unemployment rates remained stable in thirty-eight states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Last year, there were seven states with jobless rate decreases, two
December 20, 2019 Bank of Jamaica Holds Policy Rate Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum, effective 23 December 2019. The decision to hold the policy rate unchanged is based on the Bank’s
Date: December 19, 2019 The U.S. current account deficit in the third quarter of 2019, decreased by $1.1 billion, or 0.9%, to $124.1 billion from the revised second quarter deficit of $125.2 billion. This reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries.
December 19, 2019 Brent Oil Brent oil prices increased by 3.44% or US$2.21, as prices increased this week relative to the prior week. Oil traded on December 19, 2019 at a price of US$66.41 per barrel relative to US$64.20 on December 12, 2019. Brent oil began the year at US$55.95 per barrel. Petrojam prices 87
Date: December 17, 2019 Monthly Economic Review - November 2019 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
Date: December 17, 2019 The consumer price index for the month of November 2019 increased by 1.3%, following a 0.6% increase in its index for October 2019, according to the Statistical Institute of Jamaica (STATIN). This movement was largely attributed to the upward movements in the division of ‘Food and Non-Alcoholic Beverages’ by 2.8%. The
November 16, 2019 Please see attached USA Monthly Economic Review. USA Economic Review -November 2019 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
