Date: July 18, 2019 Total employed labour force increased by 29,900, in April 2019 compared to April 2018, with the unemployment rate amounting to 7.8% as stated by the Statistical Institute of Jamaica (STATIN). Of the 29,900 increase in the labour force, employment of males rose by 18,200 primarily in ‘Construction’ and ‘Other Community, Social
Date: July 16, 2019 The consumer price index for the month of June 2019 declined by 0.1%, following a 0.8% increase in its index for May 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of June fell to 258.4, relative to the 258.8 reported for May 2019.
Date: July 16, 2019 June’s import prices declined 0.9%, according to the U.S. Bureau of Labor Statistics latest report released. This decease was mostly attributable to the falling prices for both fuel and nonfuel imports. Nonetheless, export prices fell 0.7% in June relative to a 0.2% decrease the previous month. Prices for import fuel dropped
Date: July 15, 2019 June’s Producer Price Index for final demand recorded a 0.1% increase, seasonally adjusted, according to the U.S. Bureau of Labor Statistics (BLS) report released on July 12, 2019. Final demand prices moved up 0.1% in May and 0.2% in April. This movement was mainly attributable to a 0.4% increase in the
Date: July 11, 2019 Brent Oil Brent oil prices increased by 5.67% or US$3.59, as prices increased this week relative to the prior week. Oil traded on July 11, 2019 at a price of US$66.89 per barrel relative to US$63.30 on July 04, 2019. Brent oil began the year at US$53.80 per barrel. Petrojam prices
Date: July 11, 2019 The Consumer Price Index for All Urban Consumers (CPI-U) recorded a 0.1% increase in June on a seasonally adjusted basis, the same increase as in May according to the U.S. Bureau of Labor Statistics report released today. Over the last 12 months, the all items index increased 1.6% before seasonal adjustment.
Date: July 03, 2019 For the period of April to May 2019, the GOJ reported Total Revenues & Grants of $93.60 billion, $2.31 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 10.7% relative to the $84.59 billion recorded for the corresponding period in 2018. ‘Tax Revenue’ and
June 27, 2019 BANK OF JAMAICA HOLDS POLICY RATE UNCHANGED Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances with Bank of Jamaica) unchanged at 0.75 per cent per annum, effective 28 June 2019. The decision to hold the policy rate unchanged is based on the
Date: June 27, 2019 Please see attached Monthly Economic Review. Monthly Economic Review - May 2019 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
Date: June 27, 2019 Brent Oil Brent oil prices increased by 1.63% or US$1.05, as prices increased this week relative to the prior week. Oil traded on June 27, 2019 at a price of US$65.50 per barrel relative to US$64.45 on June 20, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices
