July 17, 2024 The Statistical Institute of Jamaica (STATIN) reported a 1.4% increase in Jamaica’s total value added at constant prices in the first quarter of 2024 compared to the same quarter of 2023. This resulted from growth in both the Services and Goods Producing Industries. The Services Industries grew by 1.3%, while the Goods
July 17, 2024 The euro area annual inflation rate fell to 2.5% in June 2024, from 2.6% in May. A year ago, the rate was 5.5%. Annual inflation in the European Union fell to 2.6% in June 2024, from 2.7% in May. A year ago, the rate was 6.4%. These figures are issued by Eurostat,
July 16, 2024 According to preliminary euro area balance estimates, there was a €13.9 billion surplus in trade in goods with the rest of the world in May 2024, up from a deficit of €0.4 billion in May 2023. Euro area exports to the rest of the world in May 2024 totaled €241.5 billion, a
July 9, 2024 In April 2024, total market production climbed by 0.7% in the EU and 0.3% in the euro area compared to the previous month. The total market production index (TMPI) is a composite indicator that includes four short-term business statistics indicators representing the majority of the market economy, namely production in industry, construction,
July 9, 2024 Net International Reserves – June 2024 BOJ has reported that Jamaica's Net International Reserves as at June 30, 2024 stood at US$5,185.08 million, reflecting an increase of US$150.19 million when compared to the US$5,034.88 million reported at the end of May 2024. Foreign Assets totalled US$5,261.51 million, US$132.16 million more than the
July 5, 2024 The Jamaica Observer highlighted, Finance Minister Dr. Nigel Clarke announced that Jamaica will utilize the Contingency Fund and Natural Disaster Fund, totaling $4.5 billion, to finance recovery efforts following Hurricane Beryl. Despite the hurricane not making landfall, significant damage occurred. Clarke highlighted Jamaica's proactive multi-layered financial strategy, which includes these funds, contingent
July 5, 2024 The International Monetary Fund (IMF) concluded its Article IV consultation with Dominica on May 31, 2024. The Dominican economy has rebounded strongly, with real GDP growth of 5.6% in 2022 and an estimated 4.7% in 2023, primarily due to tourism recovery and Citizenship by Investment (CBI) revenues. Inflation dropped significantly from 9.75%
July 2, 2024 Government Operations Results for May 2024 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 report. Each research analyst (s) also certify that no part
June 27, 2024 Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 climbed to 1.6% in May 2024 from 1.3% in April, with an average of 1.3% in the three months preceding May. The components of M3 underwent the following developments. The annual growth rate of the
June 26, 2024 According to the European Central Bank's 2024 Convergence Report, non-euro area Member States of the European Union (EU) have achieved limited progress toward economic convergence with the eurozone since 2022. This is primarily due to the severe economic conditions. Over the last two years, the countries under review have been hammered by
