January 06, 2020 According to the latest report published by Eurostat, the statistical office of the European Union, “In November 2019, compared with October 2019, industrial producer prices rose by 0.2% in the euro area (EA19) and by 0.1% in the EU28.” However, in October 2019, prices remained relatively constant in the euro area and
Date: January 03, 2019 Unemployment rates trended downward for the month of November in 223 of the 389 metropolitan states compared to a year earlier. According to Bureau Labor Statistics, this was “higher in 137 areas, and unchanged in 29 areas.” Jobless rates lower than 3% were recorded in 153 areas while 2 areas posted
Date: January 2, 2020 Brent Oil Brent oil prices decreased by 2.46% or US$1.67, as prices fell this week relative to the prior week. Oil traded on January 02, 2020 at a price of US$66.25 per barrel relative to US$67.92 on December 26, 2019. Brent oil began the 2019 year at US$55.95 per barrel. Petrojam
Date: January 02, 2020 For the period of April to November 2019, the GOJ reported Total Revenues & Grants of $404.96 billion, $4.84 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 25.2% relative to the $323.55 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax
December 27, 2019 Brent Oil Brent oil prices increased by 2.07% or US$1.38, as prices increased this week relative to the prior week. Oil traded on December 26, 2019 at a price of US$67.92 per barrel relative to US$66.54 on December 19, 2019. Brent oil began the year at US$55.95 per barrel. Petrojam prices 87
December 24, 2019 Third quarter real gross domestic product (GDP) increased at an annual rate of 2.1% for the third quarter of 2019. For the second quarter of 2019, real GDP had a 2.0% growth according to the third estimate released by the Bureau of Economic Analysis. The upward movement in real GDP for the
Date: December 23, 2019 Seven states posted lower unemployment rates in November, while five recorded higher rates for the same month. Unemployment rates remained stable in thirty-eight states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Last year, there were seven states with jobless rate decreases, two
December 20, 2019 Bank of Jamaica Holds Policy Rate Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum, effective 23 December 2019. The decision to hold the policy rate unchanged is based on the Bank’s
Date: December 19, 2019 The U.S. current account deficit in the third quarter of 2019, decreased by $1.1 billion, or 0.9%, to $124.1 billion from the revised second quarter deficit of $125.2 billion. This reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries.
December 19, 2019 Brent Oil Brent oil prices increased by 3.44% or US$2.21, as prices increased this week relative to the prior week. Oil traded on December 19, 2019 at a price of US$66.41 per barrel relative to US$64.20 on December 12, 2019. Brent oil began the year at US$55.95 per barrel. Petrojam prices 87
