January 2, 2024 The Statistical Institute of Jamaica (STATIN) reported a 2.1% increase in Jamaica’s total value added at constant prices in the third quarter of 2023 compared to the same quarter of 2022. The Services and Goods Producing Industries each grew 2.1%. Total value added, seasonally unadjusted, was $195.86 billion. Services Industries The performance
December 21, 2023 For the fifth consecutive month, Germany’s inflation rate has slowed according to the Federal Statistical Office (Destatis). Germany’s inflation rate, which is measured as the year-on-year change in the CPI, reached +3.2% in November 2023, a decline from +3.8% in October 2023. However, consumer prices in November 2023 relative to October
December 21, 2023 USA Economic Review - November 2023 USA Economic Review - November 2023 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)
December 20, 2023 Monthly Economic Review - November 2023 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
December 20, 2023 According to The Jamaica Gleaner, The Deputy Governor of the Bank of Jamaica (BOJ), Wayne Robinson, has stated that the legislation for the new 'twin peaks' model of financial system regulation is not expected to reach Parliament before 2025. The twin peaks regulatory model, introduced in response to fraud at Stocks and
December 20, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 4.2% in the 12 months to November 2023, down from 4.7% in October. The Consumer Prices Index (CPI) rose by 3.9%, down from 4.6% in October. On a monthly basis, CPIH fell
December 19, 2023 According to the statistical office of the European Union (Eurostat), in November 2023, the Euro area annual inflation rate was 2.4%, down from 2.9% reported in October 2023. The prior year’s rate was 10.1%. Annual inflation in the European Union was 3.1% in November 2023, down from 3.6% in October 2023. The
December 18, 2023 The Statistical Institute of Jamaica (STATIN) reported that for November 2023, the point-to-point inflation rate was +6.3%; 1.2 percentage points higher than the prior point-to-point inflation rate. However, for the month of November 2023, the inflation rate was +1.6%, the highest for the calendar year to date. The main driver of
December 14, 2023 The Bank of England’s Monetary Policy Committee (MPC) at its meeting ended December 13, 2023, voted to maintain the Bank Rate at 5.25%, as opposed to increasing the bank rate to 5.5%. The MPC believes that the bank rate will help sustain growth and employment, and ultimately meet the 2% inflation target.
December 14, 2023 On December 14, 2023, the Governing Council made the decision to keep the three key interest rates set by the European Central Bank (ECB) unchanged. Therefore, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility will all remain unchanged at 4.50%, 4.75%, and 4.00%, respectively.
