Date: September 13, 2018 According to Eurostat, the statistical office of the European Union, “Seasonally adjusted GDP rose by 0.4% in both the Euro Area (EA19) and EU28 during the second quarter of 2018, compared with the previous quarter.” In addition, in the first quarter of 2018, GDP has also grown by 0.4% in both
Date: September 10, 2018 Jamaica’s Net International Reserves (NIR) totaled US$3,058.42 million as at August 2018, reflecting a decrease of US$91.06 million relative to the US$3,149.48 million reported as at the end of July 2018 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$92.42 million to total US$3,608.30 million
Date: September 3, 2018 For the period of April 2018 to July 2018, the GOJ reported Total Revenues & Grants of $185.51 billion, $2.65 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 11.6% relative to the $166.21 billion recorded for the corresponding period in 2017. ‘Tax Revenue’
Date: August 29, 2018 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the Governor, Mr. Brian Wynter, spoke on the Bank’s monetary policy decision in the context of the Banks outlook for inflation and the overall economy in the current quarter against the background of the economy’s performance for
Date: August 28, 2018 BANK OF JAMAICA MAINTAINS POLICY RATE Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) unchanged at 2.00 per cent. This decision reflects the Bank’s assessment that inflation, currently below target, will rise towards the lower end of
August 28, 2018 The U.S. Bureau of Economic Analysis indicated that, “The estimates of GDP for American Samoa showed that real GDP decreased 5.3 percent in 2017 after decreasing 2.7 percent in 2016. Real GDP for the United States, excluding the territories, increased 2.2 percent in 2017 after increasing 1.6 percent in 2016.” The American
August 27, 2018 According to the latest report published by Eurostat, the statistical office of the European Union, “Based on the operations and finances of U.S. parent companies and their foreign affiliates, worldwide employment by U.S. multinational enterprises (MNEs) increased 0.4 percent to 42.3 million workers (preliminary) in 2016 from 42.1 million (revised) in 2015.” In 2016,
August 24, 2018 According to the latest report published by Eurostat, the statistical office of the European Union, “In June 2018, compared with May 2018, industrial production fell by 0.7% in the euro area (EA19) and by 0.4% in the EU28.” However, in June 2018 industrial production increased by 1.4% in the euro area and
Date: August 21, 2018 Please click below to view July 2018's USA Monthly Economic Review. USA Economic Review - July 2018 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each
August 21, 2018 Production in Construction up By 0.2% in the Euro Area According to Eurostat, seasonally adjusted production in the construction sector increased in the Euro Area by 0.2% and in EU28 by 0.6% as at June 2018 compared to May 2018. However, in May 2018, construction production reported growth of 0.3% in the
