Date: August 9, 2019 July’s Producer Price Index for final demand recorded a 0.2% increase, seasonally adjusted, according to the U.S. Bureau of Labor Statistics reported today. Final demand prices inched up 0.1% in June and May. On an unadjusted basis, the final demand index rose 1.7% for the 12 months ended in July. This
Date: August 08, 2019 Brent Oil Brent oil prices decreased by 5.16% or US$3.12, as prices decreased this week relative to the prior week. Oil traded on August 08, 2019 at a price of US$57.38 per barrel relative to US$60.50 on August 01, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices
Date: August 8, 2019 Net International Reserves- July 2019 Jamaica’s Net International Reserves (NIR) totaled US$2,951.35 million as at July 2019, reflecting a decline of US$83.96 million relative to the US$3,035.31 million reported as at the end of June 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$89.30
Date: August 07, 2019 Lasco Distributors Limited (LASD), for the three months ended June 30, 2019, posted a marginal increase in revenue to $4.34 billion, up from $4.28 billion in the corresponding period in 2018. Cost of sales amounted to $3.47 billion, up 2% on the $3.41 billion reported in the prior comparable period. Consequently,
Date: August 7, 2019 The Bureau of Labour Statistics reported that, “the number of job openings was relatively unchanged at 7.3 million on the last business day of June.” In addition, the month, hires and separations were little changed at 5.7 million and 5.5 million, respectively,” the BLS stated. Regarding quits rate and layoffs and
Date: August 5, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “In June 2019, compared with May 2019, industrial producer prices fell by 0.6% in both the euro area (EA19) and EU28.” However, in May 2019, industrial producer prices declined by 0.1% in the euro area while
Date: August 05, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 05.08.19 ECL 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
Date: August 02, 2019 For the period of April to June 2019, the GOJ reported Total Revenues & Grants of $153.85 billion, $2.89 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 9.4% relative to the $140.68 billion recorded for the corresponding period in 2018. ‘Tax Revenue’ and
Date: August 2, 2019 Total nonfarm payroll employment increased by 164,000 in July as the unemployment rate remained unchanged at 3.7%. based on information collected by The Bureau of Labor Statistics (BLS), job growth occurred in professional and technical services, health care, social assistance, and financial activities. Household Survey Data Unemployment rate was unchanged at
Date: August 02, 2019 Grace Kennedy Limited (GK), for the six months ended June 30, 2019, recorded revenue of $51.49 billion for period (2018: $48.37 billion), a year over year increase of 6%. Revenue for the second quarter of 2019 improved 9% to $25.56 billion (2018: $23.46 million). The biggest contributor to the group’s overall
