November 18, 2022 Despite the downward trend of the key external drivers of headline inflation, BOJ has not yet observed the full pass-through to domestic food prices. In October, Jamaica’s inflation rate increased from 9.3% in September to 9.9%. If inflation expectations, the ripple effect of commodity price shocks and labour market pressures, do
November 17, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 9.9% for October 2021 to October 2022. Consequently, the inflation rate for October 2022 was 1.5%. The main driver of this growth was a 3.4% increase in the index for the division ‘Housing, Water, Electricity, Gas,
November 9, 2022 BOJ has reported that Jamaica’s Net International Reserves as at October 31, 2022 stood at US$3,774.60 million, reflecting a decrease of US$32.70 million when compared to the US$3,807.30 million reported at the end of September 2022. Foreign Assets totalled US$4,318.68 million, US$30.83 million less than the US$4,349.51 million reported in September 2022.
November 2, 2022 Government Operations Results for September 2022 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 compensation
October 27, 2022 Effective October 27, 2022, the Governing Council took the decision to raise the three key interest rates set by the European Central Bank (ECB) by 75 basis points. As a result, starting on November 2, 2022, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit
October 21, 2022 Monthly Economic Review - September 2022 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 compensation
October 20, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased from 123.8 in August 2022 to 125.5 in September 2022. Consequently, the inflation rate for September 2022 was 1.4%. The main driver of this growth was a 4.1% increase in the index for the division ‘Housing,
October 13, 2022 Fitch Ratings reduced its credit rating outlook for British government debt to “negative” from “stable”, following the government’s fiscal statement on September 23, 2022. They warned that the sizeable and unfunded fiscal package outlined as part of the new government's growth strategy may result in a material increase in fiscal deficits
October 12, 2022 Data from the Statistical Institute of Jamaica (STATIN) indicate that Jamaica is on track to return to pre-COVID-19 levels of economic output by 2023. Minister of finance and the public service, Dr Nigel Clarke, said that achieving the target will place Jamaica “far ahead of our peers in the Caribbean region”. “We
October 11, 2022 BOJ has reported that Jamaica’s Net International Reserves as at September 30, 2022 stood at US$3,807.30 million, reflecting an increase of US$56.49 million when compared to the US$3,750.81 million reported at the end of August 2022. Foreign Assets totalled US$4,349.51 million, US$28.36 million more than the US$4,321.15 million reported in August
