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
July 14, 2023 The 2023 projected earnings from the bauxite and alumina sector are set to double to US$677 million. This movement will be the highest since the onset of the pandemic, according to the Jamaican government’s annual market filings with the American securities regulator. The reopening of the Jamalco plant in Clarendon and rising
July 13, 2023 According to the statistical office of the European Union (Eurostat), industrial production increased in May 2023 by 0.2% in the euro area (+1.0% from April 2023) and by 0.1% in the EU (+ 0.6% from April 2023). However, Industrial production decreased by 2.2% in the euro area and by 1.8% in the
July 12, 2023 According to the statistical office of the European Union (Eurostat), in June 2023, the euro area annual inflation rate is estimated to decline to 5.5% from the 6.1% reported in May 2023. Food, alcohol & tobacco is expected to have the highest annual rate of 11.7% relative to 12.5% in May
July 10, 2023 BOJ has reported that Jamaica’s Net International Reserves as at June 30, 2023 stood at US$4,283.47 million, reflecting an increase of US$74.74 million when compared to the US$4,208.73 million reported at the end of May 2023. Foreign Assets totalled US$4,786.72 million, US$55.91 million more than the US$4,730.82 million reported in May 2023.
