Economic Highlights 2017-09-16T16:03:33+00:00

1809, 2019

Annual inflation falls to 1.0% in the euro area

Date: September 18, 2019 In August 2019, the euro area annual inflation rate was 1.0%, stable compared to July. Compared to the previous year, the rate was 2.1%. Additionally, the European Union annual inflation was

1809, 2019

FOMC lowers federal funds rate

August 18, 2019   Based on information collected since the Federal Open Market Committee (FOMC) met in July 2019, the findings suggested modest growth in economic activity as the labour market remained strong. The unemployment

1709, 2019

 Consumer Price Index – August 2019

Date: September 17, 2019  Consumer Price Index – August 2019 The consumer price index for the month of August 2019 increased by 0.8%, following a 1.1% increase in its index for July 2019, according to

1309, 2019

U.S. import prices fall 0.5% while export prices slide 0.6%

Date: September 13, 2019 August’s import prices declined 0.5%, according to the U.S. Bureau of Labor Statistics after rising 0.1% the previous month. This decrease was mostly attributable to the falling prices in fuel imports

1209, 2019

Gas Price Movement- September 12, 2019

Brent Oil Brent oil prices decreased by 0.97% or US$0.59, as prices decreased this week relative to the prior week. Oil traded on September 12, 2019 at a price of US$60.36 per barrel relative to

909, 2019

Net International Reserves- August 2019

Date: September 9, 2019 Net International Reserves- August 2019 Jamaica’s Net International Reserves (NIR) totaled US$2,936.45 million as at August 2019, reflecting a decline of US$14.90 million relative to the US$2,951.35 million reported as at

509, 2019

U.S. Productivity climbed 2.3% in second-quarter 2019

Date: September 5, 2019 Nonfarm Business Sector According to a release from U. S. Bureau of Labor Statistics, “nonfarm business sector labor productivity increased 2.3% in the second quarter of 2019, as output increased 1.9%

409, 2019

U.S. Goods and Services Deficit was $54.0 billion

September 4, 2019 Goods and Services Trade Deficit The U.S. Census Bureau and the U.S. Bureau of Economic Analysis indicated that, “the goods and services deficit was $54.0 billion in July, down $1.5 billion from

409, 2019

Government Operations Results for July 2019

Date: September 4, 2019 Government Operations Results for July 2019 For the period of April to July 2019, the GOJ reported Total Revenues & Grants of $202.06 billion, $3.95 billion more than the Government’s projection.

209, 2019

U.S. Personal Income rose $23.9 billion in July

Date: September 2, 2019 In July, personal income rose $23.9 billion (0.1%) in the U.S. according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $44.4 billion (0.3%) and personal

Net International Reserves

Unemployment Rate

Monthly Inflation Rate

Gross Domestic Product (GDP)

Central Government Operations

J$ Millions Provisional –Apr-Aug 2019 Budget – Apr-Aug 2019
Revenue & Grants 250,630.80 245,944.90
Fiscal Balance (Surplus +/ Deficit -) -2,156.20 -10,489.00
Primary Balance (Surplus +/ Deficit -) 54,257.60 49,663.10