Economic Highlights

13 03, 2024

Junior Market threshold will increase to $750 million

2024-03-13T10:44:47-05:00

March 13, 2024   In the 2024/2025 Budget Debate, Finance Minister Dr. Nigel Clarke announced plans to increase the capital threshold for companies listed on the Junior Market of the Jamaica Stock Exchange. The threshold will rise from $500 million to $750 million, pending an amendment to the Income Tax Act. According to the Jamaica

Junior Market threshold will increase to $750 million2024-03-13T10:44:47-05:00
13 03, 2024

Customs duty thresholds to experience a twofold increase

2024-03-13T10:13:37-05:00

March 13, 2024 The Jamaican government has announced significant changes to customs duty thresholds, set to take effect in April. Finance Minister Dr. Nigel Clarke unveiled the adjustments during the opening of the 2024/25 Budget Debate in the House of Representatives. The changes include doubling the duty threshold for personal items from US$50 to US$100

Customs duty thresholds to experience a twofold increase2024-03-13T10:13:37-05:00
8 03, 2024

Net International Reserves – February 2024

2024-03-08T14:32:39-05:00

March 8, 2024 Net International Reserves – February 2024 BOJ has reported that Jamaica's Net International Reserves as at February 29, 2024 stood at US$4,698.90 million, reflecting an increase of US$19.81 million when compared to the US$4,679.09 million reported at the end of January 2024. Foreign Assets totalled US$4,808.15 million, US$19.62 million more than the

Net International Reserves – February 20242024-03-08T14:32:39-05:00
8 03, 2024

U.S. unemployment rate increased to 3.9% in February 2024

2024-03-08T10:43:16-05:00

March 8, 2024 In February, total nonfarm payroll employment in the United States increased by 275,000 jobs, according to the U.S. Bureau of Labor Statistics. However, the unemployment rate also rose slightly to 3.9 percent. Job gains were observed across various sectors including health care, government, food services and drinking places, social assistance, and transportation

U.S. unemployment rate increased to 3.9% in February 20242024-03-08T10:43:16-05:00
7 03, 2024

ECB maintains Key Interest Rates

2024-03-07T16:05:01-05:00

March 7, 2024 On March 7, 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. Since

ECB maintains Key Interest Rates2024-03-07T16:05:01-05:00
5 03, 2024

Government Operations Results for January 2024

2024-03-05T14:55:12-05:00

March 5, 2024   Government Operations Results for January 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 January 20242024-03-05T14:55:12-05:00
29 02, 2024

Germany’s GDP fell by 0.3% for Q4 2023

2024-02-29T13:09:33-05:00

February 29, 2024   The German economy ended 2023 in negative territory, according to the President of the Federal Statistical Office (Destatis). For Q4 2023, Germany’s economy experienced a 0.3% fall in gross domestic product (GDP), when compared to Q3 2023, after adjustment for price, seasonal and calendar variations. The fall was attributed to declining

Germany’s GDP fell by 0.3% for Q4 20232024-02-29T13:09:33-05:00
28 02, 2024

Monthly Economic Review – January 2024

2024-03-20T15:33:39-05:00

February 28, 2024   Monthly Economic Review - January 2024   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited RMonthly Economic Review - January 2024esearch Department about those issuer (s) or securities as at the date of this report. Each research analyst (s)

Monthly Economic Review – January 20242024-03-20T15:33:39-05:00
22 02, 2024

Annual inflation down to 2.8% in the euro area

2024-02-22T12:00:20-05:00

February 22, 2024 According to the statistical office of the European Union (Eurostat), in January 2024, the euro area annual inflation rate was 2.8%, down from 2.9% reported in December 2023. The prior year’s rate was 8.6%. Annual inflation in the European Union was 3.1% in January 2024, down from 3.4% in December 2024. The

Annual inflation down to 2.8% in the euro area2024-02-22T12:00:20-05:00
22 02, 2024

USA Monthly Economic Review – January 2024

2024-02-22T11:45:27-05:00

February 22, 2024   USA Economic Review - January 2024   USA Economic Review - January 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 – January 20242024-02-22T11:45:27-05:00