Economic Highlights
Date: March 21, 2019 Please see attached Monthly Economic Review. Monthly Economic Review - February 2019 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents
Please see attached USA Monthly Economic Review. USA Economic Review - February 2019 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
Date: March 20, 2019 Based on data received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Recent data
Date: March 19, 2019 Seasonally adjusted production in the construction sector decreased by 1.4% in the euro area (EA19) and remained unchanged in the EU28 In January 2019 compared with December 2018. According to Eurostat’s first estimates stated In December 2018, “production in construction grew by 1.1% in the euro area and fell by 0.2%
Date: March 18, 2019 Consumer Price Index – Feburary 2019 The consumer price index for the month of February 2019 recorded an inflation rate of 0.1%, following a 0.2% decline in its index for January 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of February fell to
Brent Oil Brent oil prices increased by 1.28% or US$0.85, as prices increased this week relative to the prior week. Oil traded on March 14, 2019 at a price of US$67.15 per barrel relative to US$66.30 on March 7th, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices decreased
United States: U.S. Core Inflation Unexpectedly Cools on Autos, Drug Prices A key measure of underlying U.S. inflation unexpectedly eased in February amid falling prices for autos and prescription drugs, giving the Federal Reserve more room to stick to its plan for being patient on raising interest rates. Excluding food and energy, the so-called core
United States: U.S. Retail Sales Rise in January, Stabilizing After a Slump U.S. retail sales stabilized in January after a plunge the prior month that was larger than first reported, indicating consumers may still be able to help support growth after a dismal end to 2018. The value of overall sales rose 0.2 percent after
Date: March 8, 2019 Net International Reserves- February 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,007.49 million as at February 2019, reflecting a decrease of US$23.46 million relative to the US$3,030.94 million reported as at the end of January 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$24.49
Date: March 8, 2019 Jamaica Broilers Group (JBG) for the nine months ended January 31, 2019 reported total revenues of $40.27 billion, a 13% increase relative to $35.68 billion reported in for the comparable period in 2018. Revenue for the third quarter amounted to $14.55 billion, a 15% increase compared to $12.66 billion booked for the
