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
October 5, 2022 Government Operations Results for August 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 4, 2022 According to the statistical office of the European Union (Eurostat), in September 2022, the euro area annual inflation rate should increase to 10%, up from 9.1% reported in August 2022 with energy having the highest annual rate of 40.8% relative to 38.6% in August 2022. The annual rates of the other
September 28, 2022 In August, inflation increased further to 9.1%, with food prices increasing by 10.6%. At 38.3%, energy price inflation remained incredibly high and once again accounted for the majority of overall inflation. Though supply bottlenecks have been easing, higher input costs related to energy, disruptions of trade in food commodities and adverse
September 21, 2022 The economy continues to see modest growth in spending and production, with increased job gains and low unemployment. However, elevated inflationary pressures have caused the Federal Reserve to raise the benchmark interest rate by 0.75% effective September 21, 2022 and they intend on maintaining this approach of hiking. The Russia-Ukraine war
September 21, 2022 Monthly Economic Review - August 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
September 16, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased from 122.7 in July 2022 to 123.8 in August 2022. Consequently, the inflation rate for August 2022 was 0.9%. The biggest factor contributing to this increase was the division's index for ‘Food and Non-Alcoholic Beverages,’ which increased
September 14, 2022 BOJ has reported that Jamaica’s Net International Reserves as at August 31, 2022 stood at US$3,750.81 million, reflecting an increase of US$90.26 million when compared to the US$3,660.55 million reported at the end of July 2022. Foreign Assets totalled US$4,321.15 million, US$77.78 million more than the US$4,243.37 million reported in July 2022.
September 8, 2022 GDP growth in the euro area and the EU According to the statistical office of the European Union (Eurostat), the seasonally adjusted GDP rose by 0.8% in the euro area and by 0.7% in the EU during the second quarter of 2022, relative to the previous quarter. It was also noted that
