Economic Highlights
May 17, 2024 In April 2024, the annual inflation rate in the euro area remained constant at 2.4% when compared to March 2024. In the year earlier the annual inflation rate was 7.0%. In April 2024, the EU's annual inflation rate remained steady at 2.6% from March 2024. In the previous the annual inflation rate
May 15, 2024 Seasonally adjusted GDP grew by 0.3% across the EU and the euro area in the first quarter of 2024 compared to the prior quarter, according to a flash estimate released by Eurostat, the EU's statistical office. The GDP of the euro area fell by 0.1% in the fourth quarter of 2023, while
May 14, 2024 According to recent World Bank data, private infrastructure spending in low- and middle-income nations reached $86 billion in 2023. Although investments decreased by 5% from 2022, they still matched the five-year average prior to that. More nations got private investments in infrastructure over a larger sample of projects, even though the overall
May 14, 2024 The total trade value of raw materials between the European Union and the rest of the world in 2023 was €165 billion (imports plus exports). There was a €29 billion trade deficit as a result of lower exports (€68 billion) than imports (€97 billion). The EU's overall raw material trade increased by
May 9, 2024 The Bank of England’s Monetary Policy Committee (MPC) at its meeting ended May 8, 2024, voted to maintain the Bank Rate at 5.25%, as opposed to reducing the bank rate by 0.25 percentage points. The MPC believes that the bank rate will help sustain growth and employment, and ultimately meet the 2%
May 9, 2024 First estimates from Eurostat, the European Union's statistical office, show that seasonally adjusted services production rose by 1.1% in the EU and by 1.0% in the Euro Area in February 2024 compared to January 2024. The production of services increased by 0.8% in the euro region and by 0.3% throughout the EU in
May 8, 2024 According to Caribbean News Global, The World Bank Group's board of directors endorsed a strategic partnership for Jamaica, focusing on green, resilient, and inclusive development for the 2024-2027 period. The plan supports debt reduction and fiscal resilience, with priorities including boosting human capital, creating higher-quality jobs, and strengthening resilience to shocks. Jamaica,
May 8, 2024 Net International Reserves – April 2024 BOJ has reported that Jamaica's Net International Reserves as at April 30, 2024 stood at US$5,102.29 million, reflecting a decrease of US$35.00 million when compared to the US$5,137.29 million reported at the end of March 2024. Foreign Assets totalled US$5,196.37 million, US$35.39 million less than the
May 6, 2024 Government Operations Results for March 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
May 3, 2024 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment increased by 175,000 in April, while the unemployment rate remained relatively stable at 3.9 percent. Noteworthy job gains were observed particularly in sectors such as health care, social assistance, transportation, and warehousing. The U.S. Bureau of Labor Statistics reported these
