Economic Highlights
October 16, 2024 The Statistical Institute of Jamaica (STATIN) reported that for September 2024, the point-to-point inflation rate was +5.7%; 0.8 percentage points lower than the 6.5% recorded for August 2023 to August 2024. Compared to August 2024, The All-Jamaica Consumer Price Index (CPI) for September 2024 decreased by 0.2%. The main driver of the
October 8, 2024 The Statistical Institute of Jamaica (STATIN) released key indicators from the April 2024 Labour Force Survey (LFS), which incorporates revisions based on international recommendations from the International Labour Organization (ILO). These updates enhance data accuracy, relevance, and international comparability. STATIN highlighted, “The new labour force series represents a significant break in the
October 8, 2024 Net International Reserves – September 2024 BOJ has reported that Jamaica's Net International Reserves as at September 30, 2024 stood at US$5,200.53 million, reflecting an increase of US$195.64 million when compared to the US$5,004.89 million reported at the end of August 2024. Foreign Assets totalled US$5,269.74 million, US$186.60 million more than the
October 4, 2024 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment increased by 254,000 in September, and the unemployment rate changed little at 4.1 percent. Notable, job gains continued its uptrend in food services and drinking places, health care, government, social assistance, and construction. The U.S. Bureau of Labor Statistics reported
October 3, 2024 The Statistical Institute of Jamaica (STATIN) reported a 0.2% increase in Jamaica’s total value added at constant prices in the second quarter of 2024 compared to the same quarter of 2023. The performance of the economy was primarily driven by a 1.5% increase in the Goods Producing Industries, however, slightly tempered by
October 02, 2024 The seasonally adjusted unemployment rate for the euro area was 6.4% in August 2024, down from 6.6% in August 2023 but constant from July 2024. In August 2024, the unemployment rate in the EU was 5.9%, a decrease from 6.0% in both July 2024 and August 2023. Eurostat estimates that 13.027 million
October 1, 2024 Government Operations Results for August 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
September 20, 2024 USA Economic Review - August 2024 USA Economic Review - August 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)
September 17, 2024 The Statistical Institute of Jamaica (STATIN) reported that for August 2024, the point-to-point inflation rate was +6.5%; 1.4 percentage points higher than the 5.1% recorded for July 2023 to July 2024. Compared to July 2024, The All-Jamaica Consumer Price Index (CPI) for August 2024 increased by 2.4%. The main driver of the
September 9, 2024 Net International Reserves – August 2024 BOJ has reported that Jamaica's Net International Reserves as at August 31, 2024 stood at US$5,004.89 million, reflecting a decrease of US$62.90 million when compared to the US$5,067.79 million reported at the end of July 2024. Foreign Assets totalled US$5,083.14 million, US$61.84 million less than the US$5,144.98 million reported in July 2024. 'Currency & Deposits' held by the
