Economic Highlights
July 22, 2024 The euro area's (EA20) general government gross debt-to-GDP ratio was 88.7% at the end of the first quarter of 2024, up from 88.2% in the fourth quarter of 2023. In the EU, the percentage rose from 81.5% to 82.0%. Government debt to GDP ratios fell in both the euro area (from 90.1%
July 19, 2024 Quarterly GDP growth According to Eurostat's estimate, seasonally adjusted GDP in both the euro area and the EU increased by 0.3% in the first quarter of 2024 compared to the previous quarter. In the fourth quarter of 2023, GDP remained constant in both the euro area and the EU. Seasonally adjusted GDP
July 18, 2024 The Statistical Institute of Jamaica (STATIN) released key indicators from the January 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, “It is important to note that these changes represent a break
July 18, 2024 The Statistical Institute of Jamaica (STATIN) reported that for June 2024, the point-to-point inflation rate was +5.4%; 0.2 percentage points higher than the 5.2% recorded for May 2023 to May 2024. Compared to May 2024, The All-Jamaica Consumer Price Index (CPI) for June 2024 increased by 1.1%. The main driver of the
July 17, 2024 The Statistical Institute of Jamaica (STATIN) reported a 1.4% increase in Jamaica’s total value added at constant prices in the first quarter of 2024 compared to the same quarter of 2023. This resulted from growth in both the Services and Goods Producing Industries. The Services Industries grew by 1.3%, while the Goods
July 17, 2024 The euro area annual inflation rate fell to 2.5% in June 2024, from 2.6% in May. A year ago, the rate was 5.5%. Annual inflation in the European Union fell to 2.6% in June 2024, from 2.7% in May. A year ago, the rate was 6.4%. These figures are issued by Eurostat,
July 16, 2024 According to preliminary euro area balance estimates, there was a €13.9 billion surplus in trade in goods with the rest of the world in May 2024, up from a deficit of €0.4 billion in May 2023. Euro area exports to the rest of the world in May 2024 totaled €241.5 billion, a
July 9, 2024 In April 2024, total market production climbed by 0.7% in the EU and 0.3% in the euro area compared to the previous month. The total market production index (TMPI) is a composite indicator that includes four short-term business statistics indicators representing the majority of the market economy, namely production in industry, construction,
July 9, 2024 Net International Reserves – June 2024 BOJ has reported that Jamaica's Net International Reserves as at June 30, 2024 stood at US$5,185.08 million, reflecting an increase of US$150.19 million when compared to the US$5,034.88 million reported at the end of May 2024. Foreign Assets totalled US$5,261.51 million, US$132.16 million more than the
July 8, 2024 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment increased by 206,000 in June, and the unemployment rate changed little at 4.1 percent. Notable, job gains occurred in government, health care, social assistance, and construction. The U.S. Bureau of Labor Statistics reported these findings based on two monthly surveys:
