Economic Highlights
April 30, 2024 According to the Jamaica Observer, The Government of Jamaica, with the assistance of the World Bank, has secured US$150 million in insurance coverage against tropical cyclones through a catastrophe bond. Following a similar undertaking in 2021, this is the second time such a bond has been issued for Jamaica, with 15 global
April 24, 2024 Monthly Economic Review - 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
April 23, 2024 The Ministry of Tourism aims to develop a luxury tourism market in St Thomas, Jamaica, to diversify the country's tourism product. The plan involves community-based, high-end services, utilizing the parish's natural assets and culture. St Thomas will become an organized destination with less dense, environmentally friendly arrangements, focusing on luxury tourism. The
April 17, 2024 The Statistical Institute of Jamaica (STATIN) reported that for March 2024, the point-to-point inflation rate was +5.6%; 0.6 percentage points lower than the prior point-to-point inflation rate. However, for the month of March 2024, the inflation rate was -0.5%, the third consecutive monthly decline. The main driver of the monthly decrease
April 17, 2024 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 3.8% in the 12 months to March 2024, same as it did in February. The 12 months Consumer Prices Index (CPI) rose by 3.2%, down from 3.4% in February. On a monthly
April 17, 2024 According to the statistical office of the European Union (Eurostat), in March 2024, the euro area annual inflation rate was 2.4%, down from 2.6% reported in February. The prior year’s rate was 6.9%. Annual inflation in the European Union was 2.6% in March 2024, down from 2.8% in February. The rate was
April 12, 2024 USA Economic Review - March 2024 USA Economic Review - 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)
April 11, 2024 Effective April 11, 2024, the Governing Council made the decision to keep the three key interest rates set by the European Central Bank (ECB) unchanged. Therefore, the interest rate on the main refinancing operations, the marginal lending facility, and the deposit facility will all remain at 4.50%, 4.75%, and 4.00%, respectively. The
April 9, 2024 The Statistical Institute of Jamaica (STATIN) reported a 1.7% increase in Jamaica’s total value added at constant prices in the fourth quarter of 2023 compared to the same quarter of 2022. This resulted from growth in both the Services and Goods Producing Industries. The Services Industries grew by 2.0%, while the Goods
April 8, 2024 Net International Reserves – March 2024 BOJ has reported that Jamaica's Net International Reserves as at March 31, 2024 stood at US$5,137.29 million, reflecting an increase of US$438.39 million when compared to the US$4,698.90 million reported at the end of February 2024. Foreign Assets totalled US$5,231.75 million, US$423.61 million more than the
