Economic Highlights

6 12, 2023

BOJ to introduce cybersecurity framework for financial sector

2023-12-06T11:41:44-05:00

December 6, 2023 The Jamaica Observer highlighted that bank fraud in Jamaica has decreased, particularly up to November 2022, according to data from the Bank of Jamaica (BOJ). The decline is attributed to measures adopted by financial institutions, including the implementation of EMV chip and pin technology, multi-step account logins, and enhanced push notification features.

BOJ to introduce cybersecurity framework for financial sector2023-12-06T11:41:44-05:00
1 12, 2023

Government Operations Results for October 2023

2023-12-01T11:39:20-05:00

December 1, 2023   Government Operations Results for October 2023   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 October 20232023-12-01T11:39:20-05:00
30 11, 2023

USA Monthly Economic Review – October 2023

2023-11-30T11:16:10-05:00

November 30, 2023   USA Economic Review - October 2023   USA Economic Review - October 2023   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 – October 20232023-11-30T11:16:10-05:00
22 11, 2023

Germany’s Producer Prices down 11.0% in October 2023

2023-11-22T14:42:47-05:00

November 22, 2023   According to the Federal Statistical Office (Destatis), Germany’s producer prices for industrial products fell 11.0% in October 2023 relative to October 2022, down 0.1% compared to September 2023. The year-on-year change rate in September 2023 (-14.7%) was the greatest year-on-year fall since 1949, mainly due to a base effect from the

Germany’s Producer Prices down 11.0% in October 20232023-11-22T14:42:47-05:00
22 11, 2023

BOJ maintains Policy Interest Rate at 7%

2023-11-22T10:10:58-05:00

November 22, 2023 The Bank of Jamaica's Monetary Policy Committee (MPC) has decided, unanimously, to maintain the policy interest rate at 7.0%, preserve tight Jamaican dollar liquidity conditions, and ensure stability in the foreign exchange market. This decision is based on the MPC's assessment that, although October 2023 inflation is within the target range, it

BOJ maintains Policy Interest Rate at 7%2023-11-22T10:10:58-05:00
21 11, 2023

Monthly Economic Review – October 2023

2023-11-21T13:01:27-05:00

November 21, 2023   Monthly Economic Review - October 2023   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 – October 20232023-11-21T13:01:27-05:00
17 11, 2023

Annual inflation down to 2.9% in the euro area – October 2023

2023-11-17T11:15:57-05:00

November 17, 2023 According to the statistical office of the European Union (Eurostat), in October 2023, the Euro area annual inflation rate was 2.9%, down from 4.3% reported in September 2023. The prior year’s rate was 10.6%. Annual inflation in the European Union was 3.6% in October 2023, down from 4.9% in September 2023. The

Annual inflation down to 2.9% in the euro area – October 20232023-11-17T11:15:57-05:00
16 11, 2023

Jamaica’s inflation rate rose by 0.8% for October 2023

2023-11-16T14:55:47-05:00

November 16, 2023   The Statistical Institute of Jamaica (STATIN) reported that for October 2023, the point-to-point inflation rate was 5.1%; 0.8 percentage points lower than the prior point-to-point inflation rate. However, for the month of October 2023, the inflation rate was +0.8%. The main driver of the monthly increase (0.8%) was a 1.7% rise

Jamaica’s inflation rate rose by 0.8% for October 20232023-11-16T14:55:47-05:00
15 11, 2023

UK’s inflation rate was 4.6% in October 2023

2023-11-15T10:07:37-05:00

November 15, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 4.7% in the 12 months to October 2023, down from 6.3% in September. The Consumer Prices Index (CPI) rose by 4.6%, down from 6.7% in September. On a monthly basis, CPIH rose

UK’s inflation rate was 4.6% in October 20232023-11-15T10:07:37-05:00
8 11, 2023

Net International Reserves – October 2023

2023-11-08T12:02:07-05:00

November 8, 2023 BOJ has reported that Jamaica's Net International Reserves as at October 31, 2023 stood at US$4,614.27 million, reflecting a decrease of US$102.29 million when compared to the US$4,716.57 million reported at the end of September 2023. Foreign Assets totalled US$4,742.04 million, US$104.56 million less than the US$4,846.60 million reported in September 2023.

Net International Reserves – October 20232023-11-08T12:02:07-05:00