In December 2019, the euro area annual inflation rate was 1.3%, compared to 1.0% in November. Compared to the previous year, the rate was 1.5%. Additionally, the European Union annual inflation was reported at 1.6% in December 2019, compared to 1.3% in November. Compared to the previous year, the rate was 1.6% according to the
January 16, 2020 Brent Oil Brent oil prices decreased by 1.16% or US$0.76, as prices fell this week relative to the prior week. Oil traded on January 16, 2020 at a price of US$64.61 per barrel relative to US$65.37 on January 09, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
January 16, 2020 The consumer price index for the month of December 2019 increased by 0.5%, following a 1.3% increase in its index for November 2019, according to the Statistical Institute of Jamaica (STATIN). This movement was largely attributed to the upward movements in the division of ‘Food and Non-Alcoholic Beverages’ by 0.5% and ‘Housing,
January 15, 2020 Click below for press release from BOJ. The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited
January 13, 2020 Real GDP in the third quarter of 2019 increased for 49 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent change in real GDP in the third quarter ranged from 4.0% in Texas to 0.0% in Delaware.” The leading contributors to growth in real
January 10, 2020 Total nonfarm payroll employment increased by 145,000 in December, as the rate of unemployment stood constant at 3.5%, as stated by the U.S. Bureau of Labour Statistics. Retail trade and health care reported job gains while mining lost jobs. Retail trade increased in December (+41,000) as the segment added a total of
January 09, 2020 According to the latest report published by the Statistical Office of the European Union (Eurostat), “the euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in November 2019 relative to October 2019 and down from 7.9% in November 2018.” Notably, since July 2008, this is the lowest rate recorded in the euro area.
January 09, 2020 Brent Oil Brent oil prices decreased by 1.48% or US$0.98, as prices fell this week relative to the prior week. Oil traded on January 09, 2020 at a price of US$65.27 per barrel relative to US$66.25 on January 02, 2020. Brent oil opened 2020 year at US$66.41 per barrel. Petrojam prices 87
January 08, 2020 Jamaica’s Net International Reserves (NIR) totaled US$3,162.53 million as at December 2019, reflecting an increase of US$56.67 million relative to the US$3,105.87 million reported as at the end of November 2019 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$49.25 million to total US$3,631.09 million compared
January 07, 2020 Goods and Services Trade Deficit The U.S. Bureau of Economic Analysis indicated that, “the goods and services deficit was $43.1 billion in November, down $3.9 billion from $46.9 billion in October.” November exports ($208.6 billion), were more than October exports by $1.4 billion, whereas, November imports amounted to $251.7 billion which was
