August 8, 2023 BOJ has reported that Jamaica's Net International Reserves as at July 31, 2023 stood at US$4,135.21 million, reflecting a decrease of US$148.26 million when compared to the US$4,283.47 million reported at the end of June 2023. Foreign Assets totalled US$4,643.33 million, US$143.39 million less than the US$4,786.72 million reported in June 2023.
August 3, 2023 The Bank of England’s Monetary Policy Committee (MPC) at its August 2, 2023 meeting voted to increase Bank Rate by 0.25 percentage points, to 5.25%, as opposed to maintaining the Bank Rate at 5.0%, or increasing to 5.5%. The MPC observes that the second-round effects in domestic price and wage developments generated
August 2, 2023 Government Operations Results for June 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 of their
July 27, 2023 Effective July 27, 2023, the Governing Council made the decision to raise the three key interest rates set by the European Central Bank (ECB) by yet another 25 basis points. As a result, effective August 2, 2023, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit
July 24, 2023 Government debt down to 91.2% of GDP in euro area The government debt to GDP ratio in the euro area was 91.2% at the end of the first quarter of 2023 compared to 91.4% at the end of the fourth quarter of 2022. The percentage ratio fell from 83.8% to 83.7% in
July 21, 2023 According to Caribbean News Global, the Bank of Jamaica (BOJ) Senior Deputy Governor was delivering an address on behalf of BOJ Governor Richard Byles on July 12, 2023 where it was reported that “Jamaica is experiencing an unprecedented period of economic and financial stability, which has been assisted by the success of
July 20, 2023 Monthly Economic Review - June 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 of their
July 19, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.3% as at June 2023, down from 7.9% in May. The Consumer Prices Index (CPI) rose by 7.9%, down from 8.7% in May. On a monthly basis, CPIH rose by 0.2% in
July 19, 2023 According to the statistical office of the European Union (Eurostat), in June 2023, the Euro area annual inflation rate was 5.5%, down from 6.1% reported in May 2023. The prior year’s rate was 8.6%. Annual inflation in the European Union was 6.4% in June 2023, down from 7.1% in May 2023. A
July 18, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 6.3% for June 2023 compared to June 2022. However, for the month of June 2023, the inflation rate was +1.0%. The main driver of the monthly increase was a 1.3% rise in the index for
