March 16, 2018 The inflation for the month of February 2018 decreased 0.1% following a negligible movement in January 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month moved to 248.3 relative to the 248.6 reported for January 2018. This decline was largely attributed to the movement in
Brent Oil Brent oil prices increased by 1.93% or US$1.23, as prices rose this week. Oil traded on March 15, 2018 at a price of $65.12 per barrel relative to US$63.89 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decrease week over week, by 0.22% (JMD$0.27).
March 15, 2018 U.S. import prices rose 0.4% in February, following an increase of 0.8% in January, according to the Bureau of Labour Statistics. Export prices rose at and even slower pace, inching up 0.2 percent in February, following a 0.8-percent advance the previous month. Imports February’s 0.4% increase in the import price index
March 12, 2018 The U.S. Bureau of Labor Statistics in its latest report on March 12, 2018, revealed that the national unemployment rate was unchanged from December at 4.1 percent but was 0.7 percentage points lower than in January 2017. “Unemployment rates were lower in January in 6 states and the District of Columbia and
March 9 ,2018 The international Monetary Fund (IMF) hosted a seminar featuring the following topics; Improving Outcomes: Women, Youth and agriculture”, “The Economics of Crime in Jamaica: Youth Opportunities, Violence and a Vicious Cycle” and “The Climate Change, Agriculture Resilience, and Poverty Nexus”. Dr. Constant Lonkeng Ngouanaa opened the proceedings with an explanation regarding the
March 9, 2018 Mario Draghi, President of the European Central Bank (ECB) reported on the progress of the Euro area economy at a press conference held March 8, 2018. ECB has decided to keep the key interest rates unchanged and has vowed to continue its asset purchasing program up to September 2018, or beyond, if
March 8, 2018 Jamaica’s Net International Reserves (NIR) totaled US$3,179.50 million as at February 2018, reflecting a decrease of US$23.86 million relative to the US$3,203.36 million reported as at the end of January 2018 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$28.38 million to total US$3,761.14 million compared
March 7, 2018 Please click link below for further details. BOJ Press Release - BFXITT Buy Side - 07 March 2018 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
March 6, 2018 The volume of retail trade decreased by 0.1% in both the euro area (EA19) and in the (EU28) in January 2018 versus December 2017, according to a recent estimates from Eurostat, the statistical office of the European Union. Retail trade volume in December 2017 slid by 1% and 0.39% in the euro
March 01, 2018 Fourth Quarter GDP Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, the Bureau of Economic Analysis reported on the 28th February 2018. This was a .7% decrease from the growth rate of 3.2% reported for the third quarter in 2017. The deceleration
