Date: January 15, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “the EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €38.7 billion (1.0% of GDP) in the third quarter of 2018, down from a surplus of €59.9 billion (1.5% of GDP)
Date: January 14, 2019 The Bureau of Labour Statistics reported that, “the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis after being unchanged in November. Over the last 12 months, the all items index increased 1.9 percent before seasonal adjustment.” The report mentioned that in
Date: January 11, 2019 The Bureau of Labour Statistics reported that, “the number of job openings fell to 6.9 million on the last business day of November.” In addition, “over the month, hires edged down to 5.7 million, quits edged down to 3.4 million, and total separations were little changed at 5.5 million,” the BLS
Date: January 10, 2019 Brent Oil Brent oil prices increased by 9.12% or US$5.10, as prices climbed this week relative to the prior week. Oil traded on January 10, 2019 at a price of US$61.05 per barrel relative to US$55.95 on January 3, 2019. Brent oil began the year at US$53.80 per barrel. Petrojam prices
Date: January 09, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “the euro area (EA19) seasonally-adjusted unemployment rate was 7.9% in November 2018, down from 8.0% in October 2018 and from 8.7% in November 2017.” Notably, since the start of the EU monthly unemployment series in January
Date: January 07, 2019 According to the Bank of Jamaica (BOJ), “Growth in credit availability, as measured by the Credit Supply Index (CSI), moderated when compared to the previous quarter.” It was further indicated that, “the CSI moderated to 101.4 from 102.2 in the previous quarter and reflected a decline in credit supply to individuals
Date: January 04, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “In November 2018, compared with October 2018, industrial production fell by 0.3% in the euro area (EA19) and by 0.4% in the EU28.” However, in October 2018 industrial production increased by 0.8% in both the euro
Date: January 3, 2018 The Bureau of Labour Statistics reported that, “Unemployment rates were lower in November in 290 states, higher in 69 states and stable in 29 states when compared to last year. There were 104 areas with jobless rates of less than 3% while only 2 areas had rates of at least 10%.”
Date: December 27, 2018 The Bureau of Labour Statistics reported that, “unemployment rates were lower in November in 6 states and stable in 42 states and the District of Columbia.” Last year, there were eighteen states with jobless rate decreases and the District had little or no change. Whereas, no change was reported in the
Date: December 21, 2018 The U.S. Bureau of Economic Analysis indicated that, “the third estimate of real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the third quarter of 2018. In the second quarter, real GDP increased 4.2 percent.” The increase in real GDP, for the second estimate, was 3.5
