Brent Oil Brent oil prices rose by 2.11% (US$1.21), as prices declined this week. Oil traded on October 25, 2017 at a price of 58.44 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.84% (US$0.98 ). Additionally 90 Octane increased by 0.82% or
The inflation rate for the month September 2017 was 0.7%, following an upward movement of 0.3% in August 2017. The division which recorded the highest movement for the month was ‘Housing, Water, Electricity, Gas and Other Fuels’ with a 2.6% growth, while the index for ‘Food and Non-Alcoholic Beverages’ advanced by 0.4%. STATIN reported that
Brent Oil Brent oil prices rose by 1.74% (US$0.98), as prices declined this week. Oil traded on October 19, 2017 at a price of 567.23 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.41% (US$0.48 ). Additionally 90 Octane increased by 0.40%
Brent Oil Brent oil prices rose by 0.81% (US$0.45), as prices declined this week. Oil traded on October 12, 2017 at a price of 56.25 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices declined week over week, by 0.67% (US$0.78 ). Additionally 90 Octane declined by 0.65% or
Jamaica’s Net International Reserves totaled US$3,137.14 million as at September 2017, reflecting a decrease of US$532.23 million relative to the US$3,669.37 million reported as at the end of August 2017 (see figure 1). Changes in the NIR resulted from a 13% or US$532.27 decline in Foreign Assets to total US$3,714.94 million compared to US$4,247.21 million
During the period January to July 2017 the trade deficit worsened to US$2,376.7 million, increasing by US$383.2 million or 19.2% relative to US$1,993.5 million for the corresponding period in 2016 based on data released by the Statistical Institute of Jamaica (STATIN). Imports The total spend on imported goods amounted to US$3,156.0 million, an increase
For the period of April 2017 to August 2017, the GOJ reported Total Revenues & Grants of $213.07 billion, $14.62 billion more than the government’s projection. Furthermore, year over year, this represents an increase of approximately 11.9% relative to the $190.43 billion recorded for the corresponding period in 2016. ‘Tax Revenue,’ ‘Non-Tax Revenue,’ ‘Capital Revenue’
Based on estimates from Eurostat, the statistical office of the European Union, industrial prices rose 0.3% in the euro area (EA19) and 0.4% in the EU28. Prices remained stable in July for the euro area while an increase of 0.1% was observed in the EU28. The increase of 0.3% in the euro area was attributed
The Jamaican economy recorded a 0.1% contraction for the second quarter of 2017 compared to the corresponding quarter of 2016 as indicated by the Statistical Institute of Jamaica (STATIN). The decline was attributed to a 3.3% decrease in the Goods Producing industries as the Agriculture, Forestry and Fishing and Mining and Quarrying industries declined. In
Brent Oil Brent oil prices increased by 1.99%, as prices increased this week. Oil traded on September 28, 2017 at a price of 57.41 (US$/ barrel).Brent oil price opened the year at 56.90(US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 0.19% or ($0.22) . Additionally 90 Octane declined by 0.18% week
