Economic Highlights
August 18, 2023 According to the statistical office of the European Union (Eurostat), in July 2023, the Euro area annual inflation rate was 5.3%, down from 5.5% reported in June 2023. The prior year’s rate was 8.9%. Annual inflation in the European Union was 6.1% in July 2023, down from 6.4% in June 2023. The
August 16, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 6.6% for July 2023 compared to July 2022. However, for the month of July 2023, the inflation rate was +1.1%. The main driver of the monthly increase (1.1%) was a 2.3% rise in the index
August 16, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 6.4% as at July 2023, down from 7.3% in June. The Consumer Prices Index (CPI) rose by 6.8%, down from 7.9% in June. On a monthly basis, CPIH fell by 0.3% in
August 8, 2023 BOJ has reported that Jamaica's Net International Reserves as at July 31, 2023 stood at US$4,135.21 million, reflecting a decrease of US$148.26 million when compared to the US$4,283.47 million reported at the end of June 2023. Foreign Assets totalled US$4,643.33 million, US$143.39 million less than the US$4,786.72 million reported in June 2023.
August 04, 2023 In July, total nonfarm payroll employment in the United States increased by 187,000, according to a report from the U.S. Bureau of Labor Statistics. The unemployment rate remained relatively stable at 3.5 percent. Job gains were observed in various sectors, including health care, social assistance, financial activities, and wholesale trade. The report
August 3, 2023 The Bank of England’s Monetary Policy Committee (MPC) at its August 2, 2023 meeting voted to increase Bank Rate by 0.25 percentage points, to 5.25%, as opposed to maintaining the Bank Rate at 5.0%, or increasing to 5.5%. The MPC observes that the second-round effects in domestic price and wage developments generated
August 2, 2023 Government Operations Results for June 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 of their
July 27, 2023 Effective July 27, 2023, the Governing Council made the decision to raise the three key interest rates set by the European Central Bank (ECB) by yet another 25 basis points. As a result, effective August 2, 2023, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit
July 20, 2023 Monthly Economic Review - June 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 of their
July 19, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.3% as at June 2023, down from 7.9% in May. The Consumer Prices Index (CPI) rose by 7.9%, down from 8.7% in May. On a monthly basis, CPIH rose by 0.2% in
