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Economic Highlights

5 04, 2024

U.S. unemployment rate remained stable at 3.8% in March 2024

2024-04-05T12:57:49-05:00

April 5, 2024 According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment experienced an increase of 303,000 in March, while the unemployment rate remained relatively stable at 3.8 percent. Noteworthy job gains were observed particularly in sectors such as health care, government, and construction. The U.S. Bureau of Labor Statistics reported these

U.S. unemployment rate remained stable at 3.8% in March 20242024-04-05T12:57:49-05:00
5 04, 2024

2023 Sees Record Passenger Arrivals

2024-04-05T10:05:17-05:00

April 5, 2024 In 2023, Jamaica's major airports generated significant revenue for Grupo Aeroportuario del Pacífico, S.A.B. de C.V (Pacific Airport Group), totaling MX$3.56 billion (US$200.28 million), or estimated $30.76 billion due to a record 6.96 million passengers passing through Kingston and Montego Bay facilities. Most revenue came from Sangster International Airport (SIA), with a

2023 Sees Record Passenger Arrivals2024-04-05T10:05:17-05:00
2 04, 2024

Government Operations Results for February 2024

2024-04-02T13:43:34-05:00

April 2, 2024   Government Operations Results for February 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 February 20242024-04-02T13:43:34-05:00
2 04, 2024

BOJ maintains Policy Interest Rate at 7%

2024-04-02T10:44:02-05:00

April 2, 2024   The Bank of Jamaica’s Monetary Policy Committee (MPC) opted to keep the policy interest rate at 7.0%, maintain relative stability in the foreign exchange market, and uphold tight Jamaican dollar liquidity conditions during its meetings on March 26 and 27, 2024. This decision stemmed from Jamaica's headline inflation, which at 6.2%

BOJ maintains Policy Interest Rate at 7%2024-04-02T10:44:02-05:00
21 03, 2024

USA Monthly Economic Review – February 2024

2024-03-21T11:36:54-05:00

March 21, 2024   USA Economic Review - February 2024   USA Economic Review - February 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)

USA Monthly Economic Review – February 20242024-03-21T11:36:54-05:00
21 03, 2024

Bank of England maintains the bank rate at 5.25%

2024-03-21T10:15:51-05:00

March 21, 2024 The Bank of England’s Monetary Policy Committee (MPC) at its meeting ended March 20, 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%

Bank of England maintains the bank rate at 5.25%2024-03-21T10:15:51-05:00
20 03, 2024

Monthly Economic Review – February 2024

2024-03-20T16:36:29-05:00

March 20, 2024   Monthly Economic Review - February 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 – February 20242024-03-20T16:36:29-05:00
20 03, 2024

Jamaica’s Tourism Sector Thrives, Aims for Triple Five Success

2024-03-20T12:22:29-05:00

March 20, 2024 Jamaica's tourism sector remains bullish on achieving its ambitious triple five objective, aiming for US$5 billion in earnings, five million tourist arrivals, and a series of key performance indicators over a targeted 5-year period ending in 2025. Despite global challenges like inflation and labor shortages, the sector has shown resilience, already surpassing

Jamaica’s Tourism Sector Thrives, Aims for Triple Five Success2024-03-20T12:22:29-05:00
20 03, 2024

Jamaica’s inflation rate fell by 0.6% for February 2024

2024-03-20T09:51:11-05:00

March 20, 2024   The Statistical Institute of Jamaica (STATIN) reported that for February 2024, the point-to-point inflation rate was +6.2%; 1.2 percentage points lower than the prior point-to-point inflation rate. However, for the month of February 2024, the inflation rate was -0.6%. The main drivers of the monthly decrease (0.6%) were a 1.1% decline

Jamaica’s inflation rate fell by 0.6% for February 20242024-03-20T09:51:11-05:00
20 03, 2024

UK’s inflation rate was 3.4% in February 2024

2024-03-20T09:45:12-05:00

March 20, 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 February 2024, down from 4.2% in January. The Consumer Prices Index (CPI) rose by 3.4%, down from 4.0% in January. On a monthly basis, CPIH rose

UK’s inflation rate was 3.4% in February 20242024-03-20T09:45:12-05:00