Economic Highlights – Page 12 – Mayberry Investments Limited

10 01, 2025

U.S. unemployment changed little at 4.1% in December 2024

Michael Phang2025-01-10T09:09:01-05:00

January 10, 2025 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment rose by 256,000 in December, and the unemployment rate changed little at 4.1 percent. Notably, employment trended up in health care, government, and social assistance. Also, retail trade added jobs in December, following job loss in November. The U.S. Bureau

U.S. unemployment changed little at 4.1% in December 2024Michael Phang2025-01-10T09:09:01-05:00

9 01, 2025

Net International Reserves – December 2024

Matthew Walker2025-01-09T09:44:18-05:00

January 9, 2025 Net International Reserves – December 2024 BOJ has reported that Jamaica's Net International Reserves as at December 31, 2024 stood at US$5,583.67 million, reflecting an increase of US$175.16 million when compared to the US$5,408.51 million reported at the end of November 2024. Foreign Assets totalled US$5,632.92 million, US$157.36 million more than the

Net International Reserves – December 2024Matthew Walker2025-01-09T09:44:18-05:00

8 01, 2025

Mexico’s Inflation Decline: Central Bank Poised for Further Rate Cuts

Matthew Walker2025-01-08T10:26:46-05:00

January 8, 2025 Mexico's annual inflation rate likely fell in December, according to a Reuters poll of analysts released on Tuesday. This decline is fueling speculation that the central bank will continue cutting its benchmark interest rate, potentially by more than in recent decisions. The median estimate from 12 analysts suggests that December's annual headline

Mexico’s Inflation Decline: Central Bank Poised for Further Rate CutsMatthew Walker2025-01-08T10:26:46-05:00

7 01, 2025

Euro area unemployment at 6.3% and EU at 5.9%

Daniel Ivey2025-01-07T10:24:26-05:00

January 07, 2025 The seasonally adjusted unemployment rate for the euro area was 6.3% in November 2024, down from 6.5% in November 2023 but constant from October 2024. In November 2024, the unemployment rate in the EU was 5.9%, a decrease from 6.1% in November 2023 but stable compared with October 2024. Eurostat estimates that 12.968 million persons

Euro area unemployment at 6.3% and EU at 5.9%Daniel Ivey2025-01-07T10:24:26-05:00

3 01, 2025

Gross Domestic Product (GDP) declined by 3.5% in Q3 2024

Michael Phang2025-01-03T14:56:31-05:00

January 3, 2024 The Statistical Institute of Jamaica (STATIN) reported a 3.5% decline in Jamaica’s total value added in the third quarter of 2024 compared to the same quarter of 2023. The performance of the economy was primarily attributed to falls in the Services and Goods Producing Industries of 2.2% and 7.2%, respectively. Services Industries

Gross Domestic Product (GDP) declined by 3.5% in Q3 2024Michael Phang2025-01-03T14:56:31-05:00

3 01, 2025

Jamaica’s Q3 2024 GDP Report: Economic Implications

Matthew Walker2025-01-03T12:14:39-05:00

January 03, 2025 Jamaica's economy contracted more than initially estimated during the July to September quarter of 2024, according to new data released on Tuesday. The Statistical Institute of Jamaica (Statin) reported a 3.5 percent decline in the third-quarter gross domestic product (GDP), a sharper drop than the previously reported 2.8 percent. This marks the

Jamaica’s Q3 2024 GDP Report: Economic ImplicationsMatthew Walker2025-01-03T12:14:39-05:00

2 01, 2025

Government Operations Results for November 2024

Matthew Walker2025-01-02T10:28:59-05:00

January 02, 2025 Government Operations Results for November 2024 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

Government Operations Results for November 2024Matthew Walker2025-01-02T10:28:59-05:00

27 12, 2024

Government of Panama Enhances Liquidity Management with New Credit Line

Matthew Walker2024-12-27T12:54:14-05:00

December 27, 2024 The Government of Panama, through the Ministry of Economy and Finance (MEF), has signed an Uncommitted Revolving Credit Agreement with The Bank of Nova Scotia for up to $200 million. The primary objective of this financing is to partially cover the seasonal liquidity needs of the General State Budget during the fiscal

Government of Panama Enhances Liquidity Management with New Credit LineMatthew Walker2024-12-27T12:54:14-05:00

27 12, 2024

Economic Outlook and Rate Cut Discussions in Mexico

Matthew Walker2024-12-27T12:51:39-05:00

December 27, 2024 Mexico's central bank board may discuss a rate cut of either 25 or 50 basis points in its next decision in February, Deputy Governor Jonathan Heath told Reuters. However, he warned of growing uncertainty regarding U.S. trade. Heath emphasized that the final decision would depend on the conditions at the time of

Economic Outlook and Rate Cut Discussions in MexicoMatthew Walker2024-12-27T12:51:39-05:00

23 12, 2024

BOJ reduces Policy Interest Rate to 6.0%

Michael Phang2024-12-23T10:17:51-05:00

December 23, 2024 The Bank of Jamaica’s (BOJ) Monetary Policy Committee (MPC) decided to reduce the policy rate by 25 basis points to 6.00% per annum, effective December 23, 2024. This marks the fourth consecutive rate reduction in 2024, reflecting the MPC's assessment that the economic environment supports further easing. The decision is based on

BOJ reduces Policy Interest Rate to 6.0%Michael Phang2024-12-23T10:17:51-05:00