October 14, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “In August 2019 compared with July 2019, seasonally adjusted industrial production rose by 0.4% in the euro area (EA19) and by 0.1% in the EU28.” However, in July 2019, production declined by 0.4% in the euro area
October 11, 2019 September’s import prices rose 0.2%, according to the U.S. Bureau of Labor Statistics after declining 0.2% the previous month. This advance was mostly attributable to the higher prices in fuel imports and nonfuel goods which declined 0.1%. Nonetheless, export prices fell 0.2% in September relative to a 0.6% decrease the previous month.
October 10, 2019 “The Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in September on a seasonally adjusted basis after rising 0.1% in August. Over the past year, the all items index rose 1.7% before seasonal adjustment. The all items index increased 1.7% over the last 12 months ending September, a similar rise
Date: October 10, 2019 Net International Reserves- September 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,098.05 million as at September 2019, reflecting an increase of US$161.60 million relative to the US$2,936.45 million reported as at the end of August 2019 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of
October 9, 2019 The Bureau of Labour Statistics reported that, “the number of job openings was little changed at 7.1 million on the last business day of August.” In addition, for August, hires and separations changed to 5.8 million and 5.6 million, respectively. Regarding quits rate and layoffs and discharge rate, these were little changed
October 7, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “house prices, as measured by the House Price Index, rose by 4.2% in both the euro area and the EU in the second quarter of 2019 compared with the same quarter of the previous year.” Additionally, the
October 4, 2019 Total nonfarm payroll employment increased by 136,000 in September as the unemployment rate declined to 3.5% based on information collected by The Bureau of Labor Statistics (BLS), job growth occurred in health care and in professional and business services. Household Survey Data Unemployment rate fell by 0.2 percentage point to 3.5% in
Date: October 03, 2019 For the period of April to August 2019, the GOJ reported Total Revenues & Grants of $250.63 billion, $4.69 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 9% relative to the $229.97 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax
October 3, 2019 According the Statistical Institute of Jamaica (STATIN), “the Jamaican economy grew by 1.3% for the second quarter of 2019 when compared to the similar quarter of 2018.” This was attributable to growth in both the Goods Producing Industries of 0.6% and the Services Industries of 1.6%. The Goods Producing Industries growth was
Brent Oil Brent oil prices decreased by 8.64% or US$5.42, as prices decreased this week relative to the prior week. Oil traded on October 03, 2019 at a price of US$57.32 per barrel relative to US$62.74 on September 26, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices decreased
