Net International Reserves- July 2020
Net International Reserves- July 2020 Jamaica’s Net International Reserves (NIR) totaled US$2,758.36 million as at July 2020, reflecting a decrease of US$190.90 million relative to the US$2,949.26 million reported at the end of June 2020
U.S. unemployment claims lower for the week ended August 1
August 7, 2020 The seasonally adjusted initial claims, advance estimate, fell to 1,186,000, a decrease of 249,000 for the week ending August 1 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The
Government Operations Results for June 2020
Government Operations Results for June 2020 For the period of April to June 2020, the GOJ reported Total Revenues & Grants of $122.65 billion, $7.90 billion more than the Government’s projection. Furthermore, year over year,
US GDP falls 32.9% for Q2 2020
July 30, 2020 U.S. real gross domestic product (GDP) contracted 32.9% for the second quarter of 2020, subsequent to a 5% decline for the first three months of 2020 as the economy experienced a
Household real consumption per capita declined in both the euro area and EU for Q1 2020
July 28, 2020 According to the latest report provided by the Eurostat, in the first quarter of 2020, household real consumption per capita fell by 3% in the euro area, while the previous quarter decreased
U.S. Direct Investment Abroad in 2019 to $5.96 trillion
July 24, 2020 The U.S. direct investment abroad position or cumulative level of investment rose $158.6 billion to $5.96 trillion at the end of 2019 from $5.80 trillion at the end of 2018, according to
U.S. unemployment claims higher for the week ended July 18
July 23, 2020 The seasonally adjusted initial claims, advance estimate, rose to 1,416,000, an increase of 109,000 for the week ending July 18 from the prior week's revised level, according to the U.S. Department of Labour (DOL).
Government debt to GDP up 86.3% in euro area and 79.5% in EU for Q1 2020
The euro area first quarter of 2020 debt to GDP ratio increased 86.3%, relative to 84.1% booked at the end of 2019’s fourth quarter. Whereas, the EU debt to GDP increased 79.5% for the first
LAB to improve casting process through “Scope Caribbean”
July 23, 2020 LAB has aimed to establish itself as a leader and innovator as the Company delivered great results for FY2019 after listing on the Junior Market of the Jamaica Stock Exchange in July
Annual inflation rate rose 0.3% in Euro area and 0.8% in EU
According to the Statistical office of the European Union (Eurostat), annual inflation rate in June for the euro area and the European Union increased by 0.3% (May 2020: 0.1%) and 0.8% (May 2020: 0.6%), respectively.
U.S. Unemployment Rates down in 42 states in June
July 20, 2020 For the month of June, jobless rates were lower in 42 states and the District of Columbia, higher in 5 states, and unchanged in 3 states based on a report by the
Net International Reserves
Unemployment Rate
Monthly Inflation Rate
Gross Domestic Product (GDP)
Central Government Operations
| J$ Millions | Provisional – Apr-May 2020 | Budget – Apr-May 2020 |
|---|---|---|
| Revenue & Grants | 74,620.60 | 70,958.10 |
| Fiscal Balance (Surplus +/ Deficit -) | -22493.90 | -26,762.30 |
| Primary Balance (Surplus +/ Deficit -) | -5,680.00 | -9,922.70 |