Fed maintains rate at 2 1/4 – 2 1/2 percent
Date: March 20, 2019 Based on data received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a
Production in construction down by 1.4% in euro area
Date: March 19, 2019 Seasonally adjusted production in the construction sector decreased by 1.4% in the euro area (EA19) and remained unchanged in the EU28 In January 2019 compared with December 2018. According to Eurostat’s
Monthly inflation rate of 0.1% for February 2019
Date: March 18, 2019 Consumer Price Index – Feburary 2019 The consumer price index for the month of February 2019 recorded an inflation rate of 0.1%, following a 0.2% decline in its index for January
Gas Price Movement- March 14, 2019
Brent Oil Brent oil prices increased by 1.28% or US$0.85, as prices increased this week relative to the prior week. Oil traded on March 14, 2019 at a price of US$67.15 per barrel relative to
Overseas Headlines- March 12, 2019
United States: U.S. Core Inflation Unexpectedly Cools on Autos, Drug Prices A key measure of underlying U.S. inflation unexpectedly eased in February amid falling prices for autos and prescription drugs, giving the Federal Reserve more
Overseas Headlines- March 11, 2019
United States: U.S. Retail Sales Rise in January, Stabilizing After a Slump U.S. retail sales stabilized in January after a plunge the prior month that was larger than first reported, indicating consumers may still be
Net International Reserves- February 2019
Date: March 8, 2019 Net International Reserves- February 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,007.49 million as at February 2019, reflecting a decrease of US$23.46 million relative to the US$3,030.94 million reported as at
JBG reports 1% increase in net profits attributable to shareholders
Date: March 8, 2019 Jamaica Broilers Group (JBG) for the nine months ended January 31, 2019 reported total revenues of $40.27 billion, a 13% increase relative to $35.68 billion reported in for the comparable period in
Overseas Headlines- March 8, 2019
United States: Deal or No Deal, Trump’s Trade War With China Has Scarred the Global Economy A deal between the U.S. and China to drop tariffs couldn’t come soon enough for a global economy already
Gas Price Movement- March 07, 2019
Brent Oil Brent oil prices increased by 0.64% or US$0.42, as prices increased this week relative to the prior week. Oil traded on March 7, 2019 at a price of US$66.45 per barrel relative to
Overseas Headlines- March 7, 2019
United States: U.S. Trade Gap Surged to $621 Billion in 2018, 10-Year High The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it,
Net International Reserves
Unemployment Rate
Monthly Inflation Rate
Gross Domestic Product (GDP)
Central Government Operations
| J$ Millions | Provisional –Apr-Jan 2019 | Budget – Apr-Jan 2019 |
|---|---|---|
| Revenue & Grants | 496,546.70 | 492,761.60 |
| Fiscal Balance (Surplus +/ Deficit -) | 14,297.30 | 4,017.40 |
| Primary Balance (Surplus +/ Deficit -) | 118,936.30 | 111,578.20 |