Net International Reserves- March 2021
April 9, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,319.33 million as at March 2021, reflecting an increase of US$303.15 million relative to the US$3,016.18 million reported at the end of February 2021 (see figure
U.S. PPI for final demand rose 1.0% for March 2021
April 9, 2021 The final demand for the Producer Price Index rose 1.0% in March 2021, seasonally adjusted according to the U.S. Bureau of Labour Statistics. Final demand prices increased 0.5% in February 2021 and
U.S. unemployment claims increased for the week ended April 3
April 8, 2021 The seasonally adjusted initial claims, advance estimate, increased by 16,000 to 744,000, for the week ending April 3, from the prior week’s revised level, according to the U.S. Department of Labour (DOL).
U.S. Goods and Services Deficit was $71.1 billion in February 2021
April 07, 2021 The U.S. Bureau of Economic Analysis indicated that, “goods and services deficit was $71.1 billion in February, up $3.3 billion from $67.8 billion in January, revised.” February exports amounted to $187.3 billion, which was
GDP contracts 8.3% for Q4 2020
April 6, 2021 According to the Statistical Institute of Jamaica (STATIN), the Jamaican economy declined by 8.3% in the fourth quarter of 2020 when compared to the similar quarter of 2019. This downward movement resulted
USA Unemployment Rate was 6.0% in March 2021
April 6, 2021 Total nonfarm payroll employment increased by 916,000 in March, as the unemployment rate declined to 6.0%, according to a report by the U.S. Bureau of Labour Statistics (BLS). This improvement in the
Government Operations Results for February 2021
April 6, 2021 Government Operations Results for February 2021 For the period of April to February 2021, the GOJ reported Total Revenues & Grants of $490.16 billion, $1.38 billion more than the Government’s projection. This
Total U.S. Retail Sales excluding Nonstore Retailers grew 4.8%
March 31, 2021 Total U.S. Retail Sales excluding Non-store Retailers, not seasonally adjusted, for December 2020 recorded a 4.8% (±0.5%) increase, according to the US Census Bureau. It was noted that thirty-four states had positive
BANK OF JAMAICA HOLDS POLICY RATE
March 29, 2021 BANK OF JAMAICA HOLDS POLICY RATE Bank of Jamaica (BOJ) announces its decision to hold the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) unchanged at 0.50 per
U.S. Q4 2020 real GDP increased in 50 states
March 29, 2021 Real gross domestic product (GDP) in the fourth quarter of 2020 rose in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent
U.S. unemployment claims decreased for the week ended March 20
March 25, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 97,000 to 684,000, for the week ending March 20, from the prior week’s revised level, according to the U.S. Department of Labour (DOL).
Net International Reserves
Unemployment Rate
Monthly Inflation Rate
Gross Domestic Product (GDP)
Central Government Operations
| J$ Millions | Provisional – April- February 2021 | Budget – April- February 2021 |
|---|---|---|
| Revenue & Grants | 490,159.50 | 488,783.70 |
| Fiscal Balance (Surplus +/ Deficit -) | -86,355.30 | -105,166.50 |
| Primary Balance (Surplus +/ Deficit -) | 32,814.70 | 21,639.70 |