Economic Highlights – Page 16 – Mayberry Investments Limited

5 07, 2024

Jamaica Utilizes Domestic Funds for Hurricane Recovery

Shaneille Anderson2024-07-05T11:59:51-05:00

July 5, 2024 The Jamaica Observer highlighted, Finance Minister Dr. Nigel Clarke announced that Jamaica will utilize the Contingency Fund and Natural Disaster Fund, totaling $4.5 billion, to finance recovery efforts following Hurricane Beryl. Despite the hurricane not making landfall, significant damage occurred. Clarke highlighted Jamaica's proactive multi-layered financial strategy, which includes these funds, contingent

Jamaica Utilizes Domestic Funds for Hurricane RecoveryShaneille Anderson2024-07-05T11:59:51-05:00

5 07, 2024

IMF Praises Dominica’s Economic Recovery and Growth Outlook

Shaneille Anderson2024-07-05T09:20:50-05:00

July 5, 2024 The International Monetary Fund (IMF) concluded its Article IV consultation with Dominica on May 31, 2024. The Dominican economy has rebounded strongly, with real GDP growth of 5.6% in 2022 and an estimated 4.7% in 2023, primarily due to tourism recovery and Citizenship by Investment (CBI) revenues. Inflation dropped significantly from 9.75%

IMF Praises Dominica’s Economic Recovery and Growth OutlookShaneille Anderson2024-07-05T09:20:50-05:00

2 07, 2024

Government Operations Results for May 2024

Shaneille Anderson2024-07-02T09:04:46-05:00

July 2, 2024 Government Operations Results for May 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

Government Operations Results for May 2024Shaneille Anderson2024-07-02T09:04:46-05:00

1 07, 2024

BOJ maintains Policy Interest Rate at 7%

Shaneille Anderson2024-07-01T09:38:58-05:00

July 1, 2024 The Monetary Policy Committee (MPC) of the Bank of Jamaica (BOJ) met on June 26-27, 2024, and reviewed its recent monetary policy measures, a three-pronged approach which included: Policy Rate Increases: Raising the policy rate by 650 basis points to 7.0%. Tightened Liquidity: Utilizing open market operations to control liquidity, raising private

BOJ maintains Policy Interest Rate at 7%Shaneille Anderson2024-07-01T09:38:58-05:00

27 06, 2024

Monetary developments in the Euro area for May 2024

Matthew Walker2024-06-27T10:12:08-05:00

June 27, 2024 Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 climbed to 1.6% in May 2024 from 1.3% in April, with an average of 1.3% in the three months preceding May. The components of M3 underwent the following developments. The annual growth rate of the

Monetary developments in the Euro area for May 2024Matthew Walker2024-06-27T10:12:08-05:00

26 06, 2024

ECB updates on progress toward Euro adoption

Matthew Walker2024-06-26T11:18:38-05:00

June 26, 2024 According to the European Central Bank's 2024 Convergence Report, non-euro area Member States of the European Union (EU) have achieved limited progress toward economic convergence with the eurozone since 2022. This is primarily due to the severe economic conditions. Over the last two years, the countries under review have been hammered by

ECB updates on progress toward Euro adoptionMatthew Walker2024-06-26T11:18:38-05:00

25 06, 2024

Monthly Economic Review – May 2024

Shaneille Anderson2024-06-25T11:33:31-05:00

June 25, 2024 Monthly Economic Review - May 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

Monthly Economic Review – May 2024Shaneille Anderson2024-06-25T11:33:31-05:00

21 06, 2024

U.S. Monthly Economic Review – May 2024

Michael Phang2024-06-21T12:33:18-05:00

June 21, 2024 USA Economic Review - May 2024 USA Economic Review - May 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)

U.S. Monthly Economic Review – May 2024Michael Phang2024-06-21T12:33:18-05:00

18 06, 2024

Jamaica’s inflation rate increased by 0.5% for May 2024

Michael Phang2024-06-18T11:35:23-05:00

June 18, 2024 The Statistical Institute of Jamaica (STATIN) reported that for May 2024, the point-to-point inflation rate was +5.2%; 0.1 percentage points lower than the 5.3% recorded for April 2023 to April 2024. However, for the month of May 2024, The All-Jamaica Consumer Price Index (CPI) increased by 0.5%. The main driver of the

Jamaica’s inflation rate increased by 0.5% for May 2024Michael Phang2024-06-18T11:35:23-05:00

12 06, 2024

Myanmar Economic Outlook Remains Weak as Threat to Livelihoods Deepen

Matthew Walker2024-06-12T15:45:24-05:00

June 12, 2024 According to a recent report, Myanmar's economy is still facing severe problems, and growth is anticipated to be slow as conflict, financial instability, and dislocation limit production. The World Bank's Myanmar Economic Monitor, issued on Wednesday, predicts that GDP would increase by 1% over the year to March 2025, in line with

Myanmar Economic Outlook Remains Weak as Threat to Livelihoods DeepenMatthew Walker2024-06-12T15:45:24-05:00